- European stocks rose alongside US share futures as traders assessed the global recovery's endurance in the face of a record surge in coronavirus cases.
- The STOXX Europe 600 index edged closer to last month's all-time high, with utilities leading the way as all industry sectors advanced. Following the S&P 500's 69th record close this year, contracts on the S&P 500 and NASDAQ 100 fluctuated before turning higher. The 10-year Treasury yield in the United States remained unchanged, as did the value of the dollar. Oil surged toward a five-week high, while iron ore prices continued to fall after data suggested a slowing in Chinese steel output.
- On Monday, a tidal wave of omicron infections drove global COVID cases to an all-time high. The spike has slowed global reopenings and may put a strain on hospitals. Simultaneously, investors are finding solace in research that show Omicron, while extremely contagious, generates less severe sickness.
- Russia declines to book Ukraine's gas capacity at monthly auction.
- PBoC Governor Yi: Market expectations for certain real estate companies are improving.
- The United States and Russia will meet to discuss armaments control and Ukraine on January 10th - AFP.
