RBC CAPITAL MARKETS, EUROPE:It is the threat of vaccine escape that causes the market reaction in both equities (down) and bonds (up). This new variant, however, creates a potential threat to the known responses and thus creates a more lasting market response. TAKASHI HIROKI, CHIEF STRATEGIST, MONEX, TOKYO"This variant is a new risk for markets. SHINICHIRO KADOTA, SENIOR FX STRATEGIST, BARCLAYS, TOKYO"We see Germany considering a lockdown, so this new variant and flare-up in the COVID situation poses some risk to market sentiment in general. The complacency seen with the emergence of the delta variant in India being a lesson harshly learned.

Source: Mint November 26, 2021 17:56 UTC