Week In Review: Delta Variant Fears, ECB Tweaks Guidance, Blowout Earnings

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It was a rough and rocky start to another busy week for financial markets.

 

The sentiment pendulum swung deep into risk-off territory on Monday amid concerns over the Covid-19 Delta outbreaks threatening the global economic recovery. As risk aversion engulfed global markets, investors scattered from riskier assets to safe-haven destinations. On a brighter note, OPEC+ finally struck a deal to raise production after Saudi Arabia and the United Emirates reached a compromise. In the United Kingdom, Monday was also ‘Freedom Day’, marking the end of coronavirus… Read More:

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