Europe’s Covid-19 curbs put a dampener on Asian stocks as oil and euro slip

A man wearing a protective face mask talks on his cellphone in front of a screen showing the Nikkei index outside a brokerage in Tokyo, Japan. Picture: REUTERS/ATHIT PERAWONGMETHA

Australian shares fell 0.4%, led by bank stock losses. Japan’s Nikkei was down 0.3% and MSCI’s broadest index of Asia-Pacific shares was flat. The euro slipped 0.2% to $1.1280, close to a 16-month low. The common currency has been the prime mover in markets over recent sessions as investors wager on Europe’s economy lagging well behind the US recovery.

Austria began its fourth lockdown on Monday — with neighbouring Germany warning it may follow suit — as protests against restrictions occurred across the continent. Meanwhile the US economy has been surprising analysts with stronger-than-expected retail sales data and hot inflation in recent weeks. The focus this week is on prices and the labour market and on what the Fed might do about their strength.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

COVID-19 LIVE UPDATES | 7 Covid-19 deaths reported in SA in 24 hoursCoronavirus updates. Suddenly going up as elections are done dusted😆😅😂lockdown level 5 looming, alcohol ban in the cards, le tla e enwa gemmere goed le tsube 'yes'😆😅
Source: TimesLIVE - 🏆 28. / 59 Read more »

COVID-19 vaccination overdriveWith the threat of a fourth wave in December or January, health authorities continue to urge people to get vaccinated. To save 20,000 lives (and prevent more Lockdowns) we need 13 MILLION more people to be vaccinated by Christmas! To be successful in life you have to take risks and make the right decision, I'm glad I invested with Jeffery1burt the only legit trader i know he makes me earn sure profits within 7 working days, I recommended him to you contact him for more information Jeffery1burt
Source: eNCA - 🏆 49. / 51 Read more »

687 new Covid-19 cases detected as infections rise in GautengMost new cases in the 24-hour cycle are from Gauteng. Mxxm 😂😂😂 yaqal’inkatazo madoda.😁😁😁 “The start button has been pressed I guess” Boredom has started.
Source: TimesLIVE - 🏆 28. / 59 Read more »

COVID-19 | 687 new cases recorded in SAJust over 20,000 tests were conducted in the last 24 hours with a 3.4 percent positivity rate. Based on the inaccurate PCR test this is a pure scam! Now I know this is a SCAM . a Fn BIG scam.
Source: eNCA - 🏆 49. / 51 Read more »

COVID-19 | 789 new cases, 7 more deathsThe National Institute for Communicable Diseases (NICD) has reported 789 new COVID-19 cases. 😂😂😂 Seniqalile keh ngale propaganda yenu. 🤦‍♂️ Propaganda 😂
Source: eNCA - 🏆 49. / 51 Read more »

COVID-19 LIVE UPDATES | ‘Workcations’ and ‘bleisure’ boost tourism amid pandemic fatigueCoronavirus updates. Covid is long gone, stop confusing people
Source: TimesLIVE - 🏆 28. / 59 Read more »