I don’t think omicron is a concern for the markets except in China.
That’s the one place where they will put in severe lockdowns. Many of the new cases today are likely in Xian, where the city of 13 million is completely locked down. In a sign that China has no intention of easing away fro

I don’t think the market cares about covid numbers anymore so long as the number of people in hospital don’t skyrocket. There were 137 new deaths within 28 days of a positive covid test, down from 147 on Thursday.One estimate today said 1 in 10 people in London had contracted covid since Dec 16.

GBPUSD on the weekly chart

The GBPUSD closed the 2020 year at 1.3662, and spent the first 37 trading days working its way to the upside. A swing high was reached on  February 24 at 1.4240 (578 pip from the year end close), before correcting down to 1.3668 at the end of March and early

Headlines:China to extend tariff exemption for 124 US import items until 30 June next yearVaccine booster effectiveness seen waning after one month, latest study showsChina’s ‚two sessions‘ to begin on 4 March 2022, state media reportsIt’s all quiet as we wind down to the festive period. FX is relat

Going into the holiday season, one can’t help himself to think back about the past year and plan ahead for the new one. And while it surely seems that everyone has a crypto millionaire story to tell at the dinner table, worry not because there are still some great opportunities out there for the

The full press release can be found here. All part and parcel of the theatrics when it comes to the ongoing battle between the two countries.

There’s still much uncertainty on how omicron is going to play out but the general line of thinking now is that things won’t be as bad as last year. However, there is some room for caution as vaccines are seemingly less effective and the virus strain is more highly transmissible.So, how does all of

Cryptocurrencies have joined the rise in the stock market, albeit with a slight delay. The total capitalisation of all coins rose 4.5% in the past 24 hours to $2.38 trillion. The Crypto Fear & Greed Index has risen to 41 today after 34 yesterday but has room to grow thanks to the continued

Cable has been acting a lot more like a commodity currency pair these days and today is just exactly that. It is now trading back to 1.3400 for the first time since 23 November, as the dollar stays more tepid on the day.

The post-BOE gain last week faltered and the pair went down to retest suppo

This comes as 5,715  COVID-19 cases were reported today, with almost 70% coming from the Sydney metropolitan area. NSW chief health officer, Dr Kerry Chant, said that about 80% of new infections in the state were the omicron variant.
Meanwhile, state premier, Dominic Perrottet, said that the „key in