Global markets started the new week with negative pricing due to the risks related to the Omicron variant, which opened a new phase in the epidemic.
There is a negative outlook on the Stock Exchanges abroad.
This morning, Wall Street indices are negative in futures after US Senator Manchin did not support Biden’s package and Goldman lowered its growth forecasts, fearing that the Omicron variant could lead to new restrictions.
The Bloomberg Dollar Index ended Friday with 0.50 percent after Fed Governor Christopher Waller said that interest rates could be increased as of March if asset purchases were terminated earlier than planned.
Strong Moves are Expected During the Holiday Week
The US 10-year bond yield also dropped to 1.36 percent this morning after closing 8 basis points from 1.40 percent over the past week. This week, the US bond market will be traded until 14:00 New York time on Thursday and closed on Friday due to the Christmas holiday.
On the other hand, indices in Asia are negative. Japan’s Nikkei is down 2 percent, Hong Kong Hang Seng is down 1.44 percent, and the Chinese CSI 300 is down 0.98 percent.