The variant, detected by scientists in South Africa, may be able to evade immune responses and has prompted Britain to hurriedly introduce travel restrictions on South Africa.
South Africa's rand fell 1% in early trade, as did U.S. crude futures . S&P 500 futures fell 0.4%, while the risk-sensitive Australian and New Zealand dollars dropped to three-month lows."The trigger was news of this COVID variant...and the uncertainty as to what this means," said Ray Attrill, head of FX strategy at National Australia Bank in Sydney. "You shoot first and ask questions later when this sort of news erupts.
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