are selling off, but not very strongly. Bitcoin and Ethereum are again trading below recent pivotal levels.In the commodities markets, WTI Crude Oil is taking a dip, but several agricultural commodities such as corn, soybeans, and cotton remain bullish, with more than 3.7 million new cases recorded for the first time.
Data suggests that the globally rampant omicron coronavirus variant, while considerably more infectious, has notably milder effects than previous coronavirus strains, with an estimated 70% reduction in the probability of hospitalization. This is potentially very good news for both health and economy. Pfizer have announced they plan to have an omicron-specific vaccine ready in March.
It is estimated that 60.7% of the world’s population has received at least one dose of a coronavirus vaccination. Total confirmed new coronavirus cases worldwide stand at over 363.2 million with an average case fatality rate of 1.55%. The rate of new coronavirus infections appears to now be increasing most quickly in Algeria, Andorra, Armenia, Austria, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Bhutan, Brazil, Bulgaria, Chile, Croatia, Cuba, Czech Republic, Denmark, Egypt, Estonia, France, Georgia, Germany, Guatemala, Hungary, Iraq, Israel, Japan, Jordan, Kazakhstan, South Korea, Kosovo, Kuwait, Latvia, Liechtenstein, Lithuania, Luxembourg, Mexico, Moldova, Mongolia, Nepal, Netherlands, North Macedonia, Norway,...
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