European equities dipped on Thursday, November 26, as dealers nervously eyed coronavirus restrictions in subdued trade, with Wall Street shut for the Thanksgiving holiday, dealers said.
"Even when there is [movement], it is likely to be quickly unwound once the Americans get fully back in the saddle from Monday." With at least 3 breakthrough COVID-19 vaccines in the pipeline and possibly rolled out within weeks, the general mood on trading floors is upbeat for 2021. "The US data on Wednesday highlighted the economic fragility as the country battles an even more severe wave of COVID-19 than it was faced with earlier this year which is likely to continue to weigh in the coming weeks," said OANDA Europe analyst Craig Erlam.
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