Stocks, oil tumble on virus variant fears, safe havens gain

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Global stocks tumbled as reports of a new coronavirus variant sent investors scurrying to safe haven assets

fell 2.2%, its sharpest drop since August. Casino and beverage shares were hammered in Hong Kong, while travel stocks dropped in Sydney and Tokyo.Giles Coghlan, chief currency analyst at HYCM, a brokerage, said the closure of the U.S. market for the Thanksgiving holiday on Thursday had exacerbated moves.

As investors dashed for safe-haven assets, the yen jumped more than 1% to around 113 per dollar, having languished earlier this week at five-year lows.The single currency, however, fell to near 6-1/2 year lows against the Swiss franc at 1.044 francs per euro. South Africa's rand fell 2% to a one-year low and its 2030 bond yield soared 25.5 basis points . Bond yields move inversely to price.

 

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another covidvariant winter.

The Umbrella corporation scurrying to Racoon City. Resident Evil investors rely on their plan to eliminate resistors to Authoritarian Dictatorships on both sides of the tracks, left or right. A thousand years of non progress in which they will never be a part of.

They aren't investors. They are pirates. Greedy profiteers. Sharks. Investors would apply forward thinking and invest into countries or companies to lift them quickly out of misery. Pirating leads to global destabilisation. These 'people' should be locked up forever.

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