File: A worker checking rolls of sheet aluminium at a factory in Wuhan, in China's central Hubei province.Delta variantprices hit a 13-year high after the coup in top global producer Guinea."Fears of slowing growth trimmed recent gains on... major indices, with expectations being revised to incorporate the effect that the Delta variant may be having on the performance of corporates in the current third quarter," noted Richard Hunter, head of markets at Interactive Investor.
Still, observers say the general mood is positive for the future, with hopes that the US Federal Reserve will delay tapering its monetary policy until the end of the year lending support. On Wednesday, one of the front-runners, Fumio Kishida, pledged to push for trillions of yen in investment if he takes the post.
The Nikkei has risen around five percent since the Suga news broke, putting the index on course for a three-decade high.
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