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Entrepreneur
Kurra Bewarse
Username: Entrepreneur

Post Number: 3791
Registered: 05-2011

Rating: N/A
Votes: 0

Posted on Tuesday, December 07, 2021 - 7:32 am:   

Futures add to yesterday’s gains on continued Omicron optimism

US equity futures are trading higher after strong gains yesterday. Markets are hopeful that Omicron will not cause severe disease, but are waiting for definitive information from public health officials.
Asia markets were mostly higher. PBOC lowered the amount of cash that banks have to hold as reserves, releasing CNY 1.2 trillion to support the economic recovery. President Biden will have a call with Russian President Putin today at 10:00 ET where he is expected to warn the Russian leader against invasion of Ukraine.
In Europe, markets were mostly higher. France decided to close its nightclubs for four weeks amid continued rise in coronavirus cases.

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