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US Dollar Firms, Market Sentiment Sours, Oil Prices Dragged Down - US Market Open
2021-01-22 14:30:00
Justin McQueen,
Analyst
Risk Sentiment Sours on Virus Concerns
USD Firms
QUICK TAKE: Risk Sentiment Soars, USD Firms, Oil Prices Drop
Equities: Markets are on the defensive to close the week amid renewed COVID concerns. A UK government source hinted a possible two-phase unlocking plan whereby a national lockdown would be stretched out before moving the entire country into tier 2 lockdown. Elsewhere, EU’s Von Der Leyen has suggested targeted measures are needed. In turn, this has spilt over into US futures, which are modestly lower ahead of the final Wall Street open of the week. ....

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