Asian stocks falter as concerns over Delta variant grow

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Riskier assets under pressure as countries struggle to contain virus outbreaks

Foreign exchange traders monitor screens in Tokyo, Japan. Picture: GETTY IMAGES/CARL COURT

In Beijing, policymakers kept the benchmark lending rate for corporate and household loans unchanged at its July fixing on Tuesday, despite growing expectations for a cut after a surprise lowering of bank reserve requirements. Riskier assets globally have come under pressure as many countries struggle to contain the outbreak of the fast-spreading Delta virus variant, raising fears that further lockdowns and other restrictions could upend the worldwide economic recovery.

Oil prices plunged more than 6%, driven down both by worries about future demand and by an Opec oil cartel agreement to increase supply.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

“We don’t need no vaccination” Volume 🆙

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asian stocks falter as concerns over Delta variant growRiskier assets under pressure as countries struggle to contain virus outbreaks
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Asian stocks falter as concerns over Delta variant growRiskier assets under pressure as countries struggle to contain virus outbreaks
La source: BDliveSA - 🏆 12. / 63 Lire la suite »