Hong Kong
Asian markets fell across the board Tuesday as surging virus infections force governments to impose tighter containment measures, trumping the rollout of vaccines, while the pound held gains on hopes for a post-Brexit trade deal.
The downbeat mood also comes despite some optimism that US lawmakers are inching towards finally agreeing a new stimulus for the world’s top economy.
Investors have taken a breather this month after November’s spectacular rally powered by the news of vaccines being shown to be effective, and Joe Biden’s election victory.
“Signs of market fatigue are more prevalent today than a month ago, even as the popular average is near all-time highs,” Paul Nolte, at Kingsview Investment Management, said in a note.—AFP
