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European stocks suffered their worst session since June 2020, falling 3.7%. Travel and leisure shares dropped 8.7%, and the sell-off was compared with the March 2020 COVID crash.
The move reflects renewed risk aversion tied to pandemic concerns.
Broad risk-off moves can strengthen the dollar and weigh on energy and industrial demand expectations, which tends to pressure commodity prices. For feed buyers the effect is indirect, mainly through energy and currency channels.
reuters.comNov 26, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
