Markets seem to be taking the spread of the Omicron variant of the coronavirus in their stride for now and the expected move toward tighter monetary policy is being seen as a signal that economies are strong enough to take it.
Germany’s wholesale price index climbed by 1.3% month on month in November, down from a 1.6% rise in October.
Equities were generally positive despite China’s property developers’ woes.
Three-month prices on the LME were up across the board by an average of 0.8% this morning. Lead ($2,300 per...