Markets Face Weeks of Uncertainty in Wait for Omicron Answers

Bloomberg2021-11-29

The fate of global markets now depends at least in part on laboratories around the world probing the omicron Covid-19 strain, potentially leaving investors with weeks of uncertainty in the wait for ...

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精彩评论

Lao Tzu Ang
2021-11-29
Lao Tzu Ang
Up, down or sideway???
PearlynCSY
2021-11-29
PearlynCSY
A golden opportunity to load up blue chips for end of year financial results and dividend yields
CaiCai99
2021-11-29
CaiCai99
[Miser] [Miser]
ShenGY
2021-11-29
ShenGY
[Drowsy] [Drowsy]
hwhw123
2021-11-29
hwhw123
Ok
- hwhw123:
  ok
Ysheng
2021-11-29
Ysheng
Time to buy in during discount
- qstocks:
  k

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Scientists are analyzing whether it can evade vaccines and how its symptoms differ from current strains. Vaccine maker BioNTech SEexpectsthe first data within two weeks, initial findings that will help to determine if a passing scare or bigger hit to global economic reopening looms.\nFearful investors fled stocks worldwide Friday and flocked to havens such as sovereign bonds as volatility spiked. The window for more clarity on omicron to emerge may be two to eight weeks, during which demand for riskier assets could take a hit, according to Citigroup Inc. strategists including Jamie Fahy and Yasmin Younes.\n“At a minimum, volatility will be higher the next two weeks,” said Peter Berezin, chief global strategist at BCA Research Inc. Stocks could drop further but a slide of more than 10% is a buying opportunity, he added.\nGlobal shares slid to the lowest since mid-October on Friday, oil lost 13% and the 10-year U.S. Treasury yield fell the most since the early months of the pandemic. 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