covidstrain
The new Covid variant will temporarily wobble financial markets, but concerns will be quickly shrugged off by them, predicts the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. Q3 2021 hedge fund letters, conferences and more New Covid Strain Weighs On Global MarketsThe prediction from deVere Group’s Nigel Green comes as a new Covid-19 strain discovered in southern Africa weighed on global markets on Thursday. Travel stocks, hospitality firms, and bank stocks were amongst the hardest hit. The World Health Organization will meet on F...
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Q3 2021 hedge fund letters, conferences and more Fears Of New Virulent Covid Strain"Fear has gripped the financial markets with the travel industry flying into another violent storm, after the discovery of a new Covid strain which could be far more contagious and may render vaccines less effective. London’s FTSE 100 reversed the slight gains of the week plunging 3.2% in early trade, while the FTSE 250 opened down 2.7%. Oil has also fallen back with a barrel of the benchmark Brent Crude 2.7% lower at just over $80 a barrel over worries of lower global demand and that’s hit energy stocks with BP...
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