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.
“We don’t need no vaccination” Volume 🆙
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks falter as concerns over Delta variant growRiskier assets under pressure as countries struggle to contain virus outbreaks
Source: BDliveSA - 🏆 12. / 63 Read more »
Asian stocks falter as concerns over Delta variant growRiskier assets under pressure as countries struggle to contain virus outbreaks
Source: BDliveSA - 🏆 12. / 63 Read more »