Tuesday, December 7, 2021

Markets Jolted by Omicron Fears

Each month, no two-day sequence produces a heavier data release flow than the last business day on one month and first business day of the next. Navigating that period this time was magnified by worrisome developments in the race to understand the new Omicron variant of the Covid-19 pandemic. The CEO of Moderna, whose vaccine […]

* This article was originally published here

Sunday, December 5, 2021

Immediate Market Reaction to Omicron Trimmed Back but Only Partially

It will take a week or two before a clearer picture emerges of the Omicron Variant and investors have a better understanding of key questions such as the protection existing vaccines provide to the new mutation. Markets had reacted very adversely on Friday to first learning about Omicron. Today has seen a partial reversal of […]

* This article was originally published here

Friday, December 3, 2021

Pound Canadian Dollar Exchange Rate News: GBP/CAD Surges amid Oil Price Rout

Canadian Dollar (CAD) Tumbles as Oil Price Collapse The commodity-linked Canadian Dollar is stumbling against the Pound this morning as fears over the latest Coronavirus strain, Omicron, is causing oil prices to decline. On Friday, oil prices plummeted which later restabilised on Monday. Today, however, Brent...

* This article was originally published here