Meanwhile in markets, risk-off sentiment pervades on the exponential spread of a new South African variant of the Coronavirus in South Africa. An increasing number of countries are banning travel from South Africa after the new variant was discovered as far away as Hong Kong and Israel. The UK government’s scientific advisory panel called the variant the “most significant” seen so far, though it is unclear how dangerous (or not dangerous) it is.

 

For the full report, click here