• Wed. Dec 1st, 2021

Red in sight in Europe, renewed concern about the coronavirus – archyde


Nov 26, 2021


by Laetitia Volga

PARIS (Reuters) – The main European stock markets are expected to decline sharply at the opening on Friday in the wake of Asian markets and government bond yields fall sharply, the discovery of a new variant of the coronavirus prompting investors to abandon risky assets.

According to the first indications available, the Parisian CAC 40 should open down 1.7%. Futures are reporting a drop of 1.87% for the Dax in Frankfurt at the opening, 1.78% for the FTSE in London and 2.24% for the EuroStoxx 50.

Concerns grow about the evolution of the COVID-19 pandemic after the discovery in South Africa of a new variant of the coronavirus, called B.1.1.529, whose “very unusual” mutations according to scientists could allow it to ” escape the immune response triggered by a previous vaccination or infection and thus make it more contagious.

Britain immediately announced travel restrictions to South Africa and five other neighboring African countries and Japan could, according to the Jiji news agency, take similar measures.

These announcements come as several European countries, including France and Portugal among the latest to date, are stepping up their measures to fight COVID-19 due to an upsurge in the epidemic on the continent.

“Markets anticipate the risk of another global wave of infections if vaccines prove ineffective. Hopes of recovery may be dashed,” said Moh Siong Sim, analyst at Bank of Singapore.



The Nikkei index on the Tokyo Stock Exchange fell 2.53%, to its lowest in a month, bringing its decline for the week to 3.3%.

In China, the CSI large cap index lost 0.69% and the Hang Seng in Hong Kong, where the new variant was also detected, dropped 2.22%.


The New York Stock Exchange, closed Thursday for the Thanksgiving holiday, will reopen for half a day. And futures contracts on its major indices are currently signaling an opening decline of 0.7% to 1.3%.


The resurgence of risk aversion is prompting a decline in government bonds, whose yields are falling sharply. Ten-year Treasuries fell ten basis points to 1.5431%, their lowest for a week. Its Japanese equivalent gives up nearly nine points.

European yields should logically fall sharply at the opening as well.


Other usual safe havens in times of nervousness, the yen gains 0.74% against the dollar and the Swiss franc is granted 0.57% against the greenback.

The euro climbs back to $ 1.122 after a more than 16-month low on Wednesday, to 1.1184.

With the progression of its three currencies, the dollar index, which measures the variations of the greenback against other benchmark currencies, gives up 0.08%. But it is heading for a further positive performance over the whole week (+ 0.68% for now), with traders anticipating monetary tightening by the Federal Reserve earlier than expected as the Bank of Japan and the Bank Central European Union should maintain an accommodating bias.

“If the health situation worsens, the dollar-yen could fall further, but if not, the divergence in monetary policies will certainly weigh on the yen in the medium term,” said Shinichiro Kadota, senior analyst at Barclays.


Oil prices are falling in the face of fears about the pandemic which could affect demand as several countries, including the United States, have jointly decided to draw on their strategic reserves, which could result in an oversupply on the market in the United States. next months.

The barrel of Brent fell 2.82% to 79.9 dollars and US light crude 3.47% to 75.67 dollars.

(edited by Blandine Hénault)

One thought on “Red in sight in Europe, renewed concern about the coronavirus – archyde”
  1. editorial says:

    Download Cala Bera – Volum 1 – EP Album Mp3 Zip
    Download Branlito – Le Hebs de l’Internet Album Mp3 Zip
    Download Verschiedene Interpreten – Ibiza Tech House Summer 2020 Album Mp3 Zip
    Download Tui Hirv, Caput Ensemble & Guðni Franzson – Atonement Album Mp3 Zip
    Download Warmhouse – 1984 – EP Album Mp3 Zip
    Download Vadim Svoboda, Gasometric Run, Yakine, Roisner, David K, Bärtaub, Ground Tactics, Keumel, Alejandro Mosso, Bypass, Tala, In2Deep, Massud Matin, Smisou, Module One, Gatilove, Flavio Folco, Gabardines, Ghini-B, Icon Template), ANSV, Ben Buitendijk, Koen Hoets, OID, Anrilov, Knebel, Blent & DJ W!ld – Electron Libre Vol. 1 Album Mp3 Zip
    Download Vários intérpretes – Oddyssey, Vol. 4 Album Mp3 Zip
    Download adi. – Under the Surface Album Mp3 Zip
    Download 101 Strings Orchestra – Welcome to Fabulous Las Vegas: A Tribute to The Rat Pack Album Mp3 Zip
    Download Fernando Ferreira – Mantenhas Album Mp3 Zip
    Download Radion6 – Vocal Trance Selections Album Mp3 Zip
    Download Various Artists – Chilled Summer Flow Album Mp3 Zip
    Download Addo – Kekwo Album Mp3 Zip
    Download Multi-interprètes – Country & Western BBQ Album Mp3 Zip
    Download El Camino Acid – Stay Mine Album Mp3 Zip
    Download Zoe Gallestey – Jaded Album Mp3 Zip
    Download Brosandi – Three Postcards and a Letter – EP Album Mp3 Zip
    Download Double Negative – Fractured Paracosm Album Mp3 Zip
    Download Bullitt – Drawer Sessions Album Mp3 Zip
    Download Various Artists – Talking House, Vol.8 Album Mp3 Zip
    Download Kiss LuLu – Director’s Cut Album Mp3 Zip
    Download Fhish – I’m Cameroon Album Mp3 Zip
    Download Tony Amantini – Passent les années – EP Album Mp3 Zip
    Download Duina Del Mar – A MAR – EP Album Mp3 Zip
    Download Nau Trio – In the Ocean Album Mp3 Zip

Comments are closed.