Tag Archives: lockdown

Oil prices fell to a six-week low on Friday amid demand concerns after Austria announced a nationwide lockdown.But for consumers looking for some relief at the pump, the declines are not yielding any immediate lower fuel prices. The national average for a gallon of gas stood around a seven-year high …

The EUR/USD pair considerably fell Friday, dropping below the 1.13 level as coronavirus infections in Europe are getting worse every day. Rising inflation combined with a deteriorating pandemic and ultra-dovish ECB policy, in terms of tapering stimulus are among multi factors leading to a lockdown inflation spiral, eventually getting out …

US bond yields experienced a sharp drop on Friday, the primary catalyst for which was a continued ramp up in concerns about lockdowns in Europe where Covid-19 infection and hospitalization rates continue to surge. The drop in bond yields coinciding rally in bond prices reflects a broader outperformance of safe-haven …

Germany was once looked upon as a best example of how to deal with the coronavirus. Now, it is recording close to 50,000 new Covid cases a day, prompting a dire warning of a dramatic rise in fatalities during the fourth wave of Covid, as the delta variant spreads as …

The Eurozone’s consumer confidence index has risen in September as the spread of the Delta variant was managed and controlled as continent wide lockdown restrictions were eased.The European Commission said Wednesday that its measure of consumer confidence in the single-currency area rose to -4 (flash) from -5.3 in August. This …