Pavan Sharma

Global markets were mixed overnight, with US markets (S&P500 -1.2%) ending the session down after after initially trading up.

Global markets were lower overnight, US markets (S&P500 -1.9%) after Federal Reserve Chair Jerome Powell weighed an earlier end to bond tapering and Moderna’s CEO predicted existing vaccines will struggle with Omicron.

We expect market volatility will remain higher than usual until we get more clarity on this strain of the virus & the read through on vaccine effectiveness which is expected to take weeks rather than days.

Global markets were higher overnight, with US markets (S&P500 +1.5%) recovering from Friday’s sell off as the fear that enveloped markets late last week on reports of a new mutant strain of COVID19 spreading across the world subsided. But Omicron will rem

Global markets were lower on Friday, US markets (S&P500, down -2.3%) tumbled lower amid fears of a new variant of COVID (likey to be named “Nu”).