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China COVID Headlines Getting Some Attention

CROSS ASSET

Ahead of the cash equity open in the U.S. headlines crossed the wires flagging 7 confirmed cases of the new COVID JN.1 variant in China.

  • It’s always hard to estimate the market impact of such headlines, but there was some light richening in U.S. Tsys and downticks in e-minis after the headlines hit.
  • Crude oil futures also move to fresh session lows in recent trade.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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