Tag: SARS-CoV-2

EUROPEAN SHARES  European stocks edged slightly higher on Wednesday, boosted by easing UK-EU tensions, with transaction volumes falling as we get closer to the end of the year. Investors continue to drive stocks higher, aiming to offset and fill the bearish gap left open at the beginning of the week, while market sentiment has received…

OIL The oil price was hit by the risk off seen on markets in the last 36 hours. Growing fears about the new UK variant of the coronavirus, generated a sell off on both European stocks and oil. For WTI we have a quite significant support zone between $46.50 and $47 per barrel, which triggered…

GOLD As markets scramble back to risk-off strategies, the gold price continues to rally. Bullion finished last week close to $1,900, pulled up by new stimulus from central banks and expectations for new measures in the upcoming months. News of the latest UK Covid variant has given further fuel to the precious metal recovery. From a…