Asian stock markets and US crude oil declined as the uncertainty created by the Omicron variant in the economy overshadowed the risk appetite, while trading volumes remained low due to the holiday period.
PERSONNEL STRENGTH DUE TO THE CORONAVIRUS OUTPUT IS IMPROVING LIFE
US airlines canceled or delayed thousands of flights over the past three days due to staff shortages due to the coronavirus, while some cruise ships had to return to port after onboard cases.
CORONAVIRUS CASE RISE IN CHINA
In China, the highest increase in coronavirus cases in 21 months was recorded on a daily basis, while cases in the northwestern city of Xian more than doubled.
Japan's Nikkei index fell 0.25 percent, while South Korea's KOSPI index fell 0.11 percent. While the Shanghai benchmark index fell 0.37 percent, Chinese locomotive shares rose 0.05 percent. Australian, Hong Kong and UK stock markets are closed for a holiday.
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