China’s Health Official warns of Covid spreading throughout the holiday season

China’s Center for Disease Control and Prevention (CDC) top epidemiologist Wu Zunyou warned at a briefing on Thursday, Covid is seen spreading throughout the holiday season.
Additional quotes
“The Chinese provinces are in different stages of Covid outbreak.”
“Covid outbreaks have peaked in Beijing, Tianjin and Chengdu.”
“China is strengthening its Covid variant monitoring.”
Meanwhile, China's Senior health official Liang said that the country “will report to the World Health Organization (WHIO) if we find any new Covid variant.”
Market reaction
Despite a minor improvement in risk sentiment, the Chinese proxy, AUD/USD, remains pressured toward 0.6700. The pair is trading at 0.6722, down 0.18% on the day.
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















