{"id":107334,"date":"2020-12-21T08:54:50","date_gmt":"2020-12-21T08:54:50","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107334"},"modified":"2020-12-21T08:55:48","modified_gmt":"2020-12-21T08:55:48","slug":"105081-new-virus-strain-spooks-markets-stimulus-deal-couldnt-alter-the-pessimism","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105081-new-virus-strain-spooks-markets-stimulus-deal-couldnt-alter-the-pessimism\/","title":{"rendered":"New Virus-Strain Spooks Markets, Stimulus Deal Couldn&#8217;t Alter the Pessimism"},"content":{"rendered":"<ul>\n<li>London closed due to a new coronavirus strain.<\/li>\n<li>Brexit-deal talks register no progress.<\/li>\n<li>New virus-variant pushes down risk sentiments.<\/li>\n<\/ul>\n<p>Haven-linked US Dollar and Japanese Yen are in vogue as reports of a new coronavirus-strain spread in London frightened investors across the globe. The London authorities were forced to put the city in a complete lockdown.<\/p>\n<p>The British Pound traded down in the week&#8217;s opening session; adding to the bearish weight is the lack of progress in Brexit-deal negotiations.<\/p>\n<p>The successful agreement between the US Congress Democrats and Republicans on the 900-billion US dollars fiscal-stimulus plan couldn&#8217;t stem the shift in global market mood to risk-off spectrum.<\/p>\n<p>The stimulus package promises 600 dollars direct payment for almost all Americans and 300 dollars a week as enhanced jobless benefits. Further, the bill sets aside 248 billion dollars as forgivable loans to small businesses, and additional funds are earmarked for worst-hit sectors like airlines, for vaccine rollout and education.<\/p>\n<p>The economic docket for the day ahead is light, and the bearish global risk-sentiments will continue to be in force; Australian shares are trading with moderate losses while Japan&#8217;s Nikkei 225 index futures are in the red.<\/p>\n<p>However, the relatively sedate reaction in the US futures, especially the broad S&amp;P 500 index, gives hopes to risk bulls to make a comeback if the right catalysts come in the trading ahead.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>London closed due to a new coronavirus strain. Brexit-deal talks register no progress. New virus-variant pushes down risk sentiments. Haven-linked US Dollar and Japanese Yen are in vogue as reports of a new coronavirus-strain spread in London frightened investors across the globe. The London authorities were forced to put the city in a complete lockdown. [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":100217,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1381],"tags":[1386,3108,1397],"class_list":{"0":"post-107334","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usd","8":"tag-brexit","9":"tag-us-congress","10":"tag-us-dollar"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Virus-Strain Spooks Markets, Stimulus Deal Couldn&#039;t Alter the Pessimism - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/105081-new-virus-strain-spooks-markets-stimulus-deal-couldnt-alter-the-pessimism\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105081-new-virus-strain-spooks-markets-stimulus-deal-couldnt-alter-the-pessimism\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105081-new-virus-strain-spooks-markets-stimulus-deal-couldnt-alter-the-pessimism\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"New Virus-Strain Spooks Markets, Stimulus Deal Couldn&#8217;t Alter the Pessimism\",\"datePublished\":\"2020-12-21T08:54:50+00:00\",\"dateModified\":\"2020-12-21T08:55:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105081-new-virus-strain-spooks-markets-stimulus-deal-couldnt-alter-the-pessimism\\\/\"},\"wordCount\":233,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105081-new-virus-strain-spooks-markets-stimulus-deal-couldnt-alter-the-pessimism\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/testing-vaccine-coronavirus.jpg\",\"keywords\":[\"Brexit\",\"US Congress\",\"us dollar\"],\"articleSection\":[\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105081-new-virus-strain-spooks-markets-stimulus-deal-couldnt-alter-the-pessimism\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105081-new-virus-strain-spooks-markets-stimulus-deal-couldnt-alter-the-pessimism\\\/\",\"name\":\"New Virus-Strain Spooks Markets, Stimulus Deal Couldn't Alter the Pessimism - 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