Markets edged higher in Europe on Monday with prices stabilizing
Markets edged higher in Europe on Monday with prices stabilizing following last week’s mayhem caused by fears about the Omicron variant. It seems to be the “calm after the storm” this week for stock investors as most of them have digested the news and are now assessing the potential threat the new variant could bring to the economic recovery. There is still a lot to discover about this new strain, which makes it difficult to know if it will become a new “black swan” or just temporary turbulence for markets. Amid this climate of rising uncertainty, investors are likely to rely on macro news and closely follow this week’s speeches from central bankers, particularly those from the Federal Reserve, where the announcement of any delays to tapering or any other dovish measures to mitigate the risk brought buy this new strain, could bring further support to riskier assets.
The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and as such is to be considered to be a marketing communication.
All information has been prepared by ActivTrades (“AT”). The information does not contain a record of AT’s prices or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not a reliable indicator of futures performance. AT provides an execution-only service. Consequently, any person acting on the information provided does so at their own risk.