Pan-region Euro Stoxx 50 futures dropped 0.66% in early trade, while German DAX futures lost 0.65% and FTSE futures dipped 0.35%. But that initial boost faded by the afternoon as risk appetite waned, lifting bond prices and the dollar, and hitting regional equities. In the currency market, the US dollar was flat against the yen at 103.79 and the dollar index edged 0.1% higher to 90.35. Oil prices, which had risen on a weak dollar and strong Chinese import data, dropped as COVID-19 concerns in China hit sentiment. Brent crude oil futures fell 0.83%, to $55.95 a barrel while US crude lost 0.54% to $53.28.

Source: bd News24 January 15, 2021 06:00 UTC