EU Public Health Agency: 42 cases of Omicron confirmed in EU

Eren Sengezer FXStreet

Andrea Ammon, who chairs the European Centre for Disease Prevention and Control (ECDC), said on Tuesday that they have confirmed 42 cases of the Omicron variant in the EU, as reported by Reuters.

Ammon further noted that the severity of the disease in those cases was mild and added that results on whether omicron escapes vaccines will be available in a couple of weeks.

Market reaction

Safe-haven flows continue to dominate the financial markets. As of writing, the Euro Stoxx 50 Index was down 1.4% on a daily basis.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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