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Investors are welcoming reports that Omicron might not be the threat they anticipated. But volatility remains high, as uncertainty still lingers around the direction of the pandemic.
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The Omicron variant of Covid-19 is driving stockmarkets down, with travel and leisure stocks particularly badly hit.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
The Turkish lira has lost 40% of its value so far this year after the central bank bowed to pressure to cut interest rates.