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Lockdown fears rattle investors


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#1 Rogerdodger

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Posted 19 November 2021 - 10:12 AM

Lockdown fears rattle investors, spark dash for safe-havens...
 

European stocks retreated from record highs, while government bond yields, oil prices and the euro tumbled on Friday as the specter of a fresh COVID-linked lockdown in Germany and other parts of Europe cast a fresh shadow over the global economy.

Markets went into a tailspin after news that Austria will become the first western European state to reimpose a full coronavirus lockdown to tackle a new wave of infections and signs that Germany might do the same.

Such worries helped send oil prices down 3%, while investors made a dash for so-called safe assets such as government bonds, the dollar and the yen.

As the dollar rallied 0.4%, the euro slid to $1.1283

 



#2 andr99

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Posted 19 November 2021 - 10:33 AM

it's a comedy as usual.....the one losing heavily is Milan where covid situation is under control. The losses in other European markets are minimal 


Edited by andr99, 19 November 2021 - 10:33 AM.

forever and only a V-E-N-E-T-K-E-N - langbard