Investors were relieved after a few weeks of uncertainty about whether the omicronvariant
Updated time: 24 Jan, 2022, 14:37 (UTC+04:00)Investors were relieved after a few weeks of uncertainty about whether the #omicronvariant hindered economic recoveries and central banks’ tightening plans. Asian markets slightly regained today.
Indices:
#SP500 and #Nasdaq futures recovered 0.8-0.9% after the sharpest fall in months on Friday.
#MSCI 's broadest index of Asia-Pacific shares outside Japan increased but still off early lows of 0.1%.
Japan's #Nikkei lost 0.9%.
Commodity:
#Oil price bounced $3 / barrel while the safe haven #yen paused after the previous higher run.
#Brent reached $75.57/barrel while the U.S crude rebounded with $71.24
#Gold is on the way to safe haven, still getting stuck at $1,791 / ounce.
Currency:
#Yen and Swiss #franc weaken the #dollar , currently steadying at somewhat 113.81 yen.
The #euro stood at $1.1294, following the rally late last week, consolidated by the ECB's President that the euro zone was equipped to face the new Omicron infections.
Other markets:
Travel and airline stocks dropped hard.
#Bonds recovered some gains. Two-year
#Treasury yields edged up 0.55% due to Fed’s fund futures rose the first rate by a month or so.