"There are question marks over the resilience of Europe and the European economy, exacerbated by protests and infection rates seen over the weekend," said Rodrigo Catril, a strategist at National Australia Bank in Sydney.
Safe-haven assets such as bonds, gold and the yen have also benefited from the recent cautious tone in financial markets. "The combination of COVID, growth and geopolitical concerns in the euro zone is supportive of safe-haven plays," said Rabobank's head of FX strategy Jane Foley. Fed Vice Chair Richard Clarida said last week that quickening the pace of tapering might be worth discussing at December's meeting. Fed minutes are due on Wednesday.
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Mask-Wearing Cuts New COVID-19 Cases by 53%, Study SaysWhen people wear face masks to reduce the spread of the coronavirus, the number of new COVID-19 infections drops by 53%, according to a new study -- with experts calling it the most effective tool against the coronavirus. But yet so many people still insist that they don't work, despite science saying otherwise. But who cares what science says, instead we should listen to social media and professional athletes who have no medical training. Nahhhhh Tired of these anonymous 'experts.' I've been an expert at stuff, but I still didn't expect people to jump off a cliff because I said it was a good thing to do.
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