Stock Rebound to Extend in Asia; Treasuries Drop: Markets Wrap – Bloomberg Quint

“This anecdotal evidence appears to have calmed financial markets, for now, as evidenced by the recovery in risk assets,” Carol Kong, a strategist at the Commonwealth Bank of Australia, said about omicron. “But we caution against drawing conclusions from these early reports.” Unless the variant proves resistant to vaccines, “we expect the global economy will largely continue with its pre‑omicron recovery path,” she said.


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