Risk off reigns
Black Friday sale hits the markets. Did you grab a bargain?
Europe’s Stoxx 600 sees worse day sine June 2020Dow saw the biggest one day drop since Oct 28, 2020Nasdaq closes with biggest one day drop since Sep 28

It’s a greek letter 
So the rumour was it was going to be called Nu (another greek letter that looks like this ‚v‘) . The next letter after Nu would be Xi. It looks weird, and I don’t know the unicode for the keyboard, but here is a picture of it. The left hand letter circled

Limiting movement
The more restrictions of movement that build the worse this will be for risk and oil prices. The US now joining Canada in limiting border access.

Yields falling
and quicker rate hike expectations on virus fears. The weekly chart is showing a strong rejection of 115.00 and, if the close is right, a bearish engulfing bar taking in over a month of price. Technically this opens up a re-test of 112 for next week. 

What’s your thinking like?
 Are you a robust statistical thinker? Have you ever studied statistics and probabilities? Do you rely solely on gut feel and intuition? 

Remarks by a WHO spokesperson
– WHO recommends that countries apply a risk-based and scientific approach when implementing travel measures
– WHO will share further guidance for governments on action they can take after the meeting later today
A bit of a typical answer from the WHO (always behind the curve) but we’ll see what their „experts“ decide

EU says it will take all measures to prevent the variant from entering Europe
Well, like all the other variants, little do they (or all of us in fact) know is that it has already been spreading across the region and continent perhaps.

Evergrande chairman, Hui Ka Yan, dipping into his own pocket to try and save the debt-stricken firm
According to filings by the HKSE, Hui sold 1.2 billion shares in the company at an average price of HK$2.23 each yesterday – totaling to roughly $344 million – as he tries to follow word from local authorities to

Not a good sign of things on the ground in Germany
It is being reported by Reuters that the air force will transport severely ill COVID-19 patients from the southern town of Memmingen to Muenster near Osnabrueck in the north, using planes fitted with up to six ICU beds as medical capacity is overwhelmed.

Spahn labels the virus situation as ‚dramatic‘, calls for the public to take it seriously as the message has not reached everyone in the country
With fresh fears involving the new COVID-19 variant from South Africa, it will only add to the headache for European authorities at the moment.