Red, lots of red, is the dominant tonic at the beginning of the penultimate week of the year, but it is not the usual red in Santa Claus’ dress. No, it is red from falls, all because of the alarm created by a mutation of the COVID- 19 that has plagued the United Kingdom and has led not only to tighten restrictions for the holiday season in England but also to close Europe’s borders with Her Majesty’s country, with emphasis on France, which is leading to concern on the stock of products, since the transit of goods has also ended. The new variant, which was called B.1.1.7, has a 70% faster contagion progression, but not more lethal, according to preliminary data, which called into question all the optimism created by the beginning of inoculation in several countries.
The explosion of cases in recent weeks has led Boris Johnson to reverse the intention to relax the rules on this court and for now about 16 million London and southeast England residents in compulsory isolation, which is putting pressure on the sinking English Pound – 1.8% to $1.3285, while the Euro lost -0.7%, trading at $1.2176, in a session in which the US Dollar is being sought as a safe haven and appreciates 0.9% against a basket of other major currencies. Gain of the US currency that is helping to negatively condition the stock market, already pessimistic with this evolution in the pandemic of COVID-19, despite the agreement reached and that should be voted on today, by politicians in the US Congress, which will result in a $900 billion stimulus package and a $1.4 trillion government budget.
