South Africa covid data, study suggest ‚positive story‘ on Omicron severity 0 (0)

Another S.African Omicron study is hitting the wires. „In South Africa, this is the epidemiology: Omicron is behaving in a way that is less severe,“ said Professor Cheryl Cohen of the National Institute for Communicable Diseases (NICD), one of the authors of the new study“Compellingly, together our

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German government makes billions from debt thanks to negative rates 0 (0)

In a sign of the times, Reuters is reporting that the German government made billions of euros from debt issuance this year thanks to negative interest rates on its securities, according to a letter, seen by Reuters, from Finance Ministry State Secretary Florian Toncar to a left-wing lawmaker.The av

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The Turkish Finance Ministry has announced *cough* „guaranteed“ savings bonds 0 (0)

The Turkish Finance Ministry has announced their new measure (singular):

:: New deposit instrument to be used by individual investors, the minimum interest rate will be CBRT rate. In maturities of 3, 6, 9 and 12-months. If the FX change is above the CBRT rate, the difference will be paid in TRY to

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Bonds up, yields down, sentiment sideways 5 (1)

There’s been a dearth of market-moving catylysts to get our teeth into this morning, and bonds have drifted lower (thus yields drift higher)Perhaps the bonds are weakening on the knowledge that the ECB is done buying for the year, as I mentioned this morningNewsquawk notes:  „Although EU stocks have

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Turkish Finance Minister will provide details of economic measures at 11:00GMT/06:00EST today. 0 (0)

Turkish Finance Minister will provide details of economic measures at 11:00GMT/06:00EST today.

Details remain light, but we are told banks „will commence the implementation of transactions of new instruments on Tuesday“

As a reminder, yesterday saw Turkish President Erdogan state Turkey is impleme

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U.S. airlines fall between 2.7% and 3.7% premarket on concerns of tighter restrictions 5 (1)

As has been the story of this morning’s session, fears of Omicron-induced restrictions are elevated. This has weighed considerably on risk sentiment, with energy prices and airline/travel stocks suffering.Shares of U.S. airlines have fallen between 2.7% and 3.7% in premarket, with WTI down 3% and Br

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Russia’s Novak says it is too early to speak of the feasibility of changing parameters of OPEC+ deal 0 (0)

Russia’s Novak says it is too early to speak of the feasibility of changing parameters of OPEC+ deal Novak adds, OPEC+ will discuss the need to change the deal conditions on Jan 4~ Given the weakness in crude-space today, OPEC+ members will be questioning the need for the expected 400kpbd increase i

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GBP/USD holding above December lows – For now. 0 (0)

I’m a self-confessed GBP perma-bull, but I’m starting to doubt whether GBP/USD can continue to hold these December lows. Especially in light of the rising lockdown fears, which have been stoked by the news that the UK’s Cabinet is set to meet at 14:00GMTI dread to think how much lower we’d be if it

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