From Reuters earlier;
"An anonymous World Health Organisation official has hinted at the latest findings on “variant of concern” Omicron ahead of their official release this week.Speaking to Reuters, the WHO official revealed preliminary investigations indicate most cases of the new variant are “mild” and there is no evidence to suggest current vaccines are less effective in preventing serious illness in patients with Omicron.However, they did say that some mutations of the virus suggest there could be a risk of faster transmission, adding more than 40 different mutations have been identified with the Omicron variant."
I suspect the US markets have overreacted to the "first" detected case in the US overnight, which has triggered a sell off across the market. Quite a lot of value floating across the US sector. Will be interesting to see how today pans out.
Keeping a close eye on the gold miners today.
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