The Dow Jones U.S. Travel & Leisure Index slid more than 4.0% late last week as the World Health Organisation designated Omicron a “variant of concern”. But Citigroup’s James Ainley is convinced the sell-off is temporary. Ainley’s remarks on CNBC’s ‘Squawk Box Europe’ On CNBC’s “Squawk Box Europe”, Ainley said strong pent-up demand will help […]
The commodity sector traded lower for a sixth straight week with continued losses in energy and metals, both precious and industrial, being only somewhat offset by another week of gains across the agriculture sector. Apart from recent dollar strength, renewed Covid-related lockdowns in Europe and the risk of a slowdown in China, the world’s top consumer of.