Markets remain optimistic about Omicron, weighing on the dollar, but that may change.All other factors are only a distraction from these themes. The most important market-mover is Omicron
over the holiday season. Moreover, while a lower percentage of infected people become sick, the sheer number of cases means hospitals could still come under pressure and that could trigger governments to impose restrictions.. When worries take over, stocks fall and the dollar rises. . The Federal Reserve is set to raise interest rates sometime in 2022, but the timing of the first move is still unknown.
Beyond Omicron and Fed speculation, other factors are minor – these include worries about China's Evergrande, tensions between Russia and Ukraine, and commentary by market analysts about the prospects of the global economy.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
Source: News Formal (newsformal.com)
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