{"id":453015,"date":"2021-12-01T08:44:17","date_gmt":"2021-12-01T03:14:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=453015"},"modified":"2021-12-01T10:04:22","modified_gmt":"2021-12-01T04:34:22","slug":"oil-slides-yen-gains-as-omicron-worries-push-investors-to-safe-havens","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-slides-yen-gains-as-omicron-worries-push-investors-to-safe-havens\/","title":{"rendered":"Oil slides, yen gains as Omicron worries push investors to safe havens"},"content":{"rendered":"<p>NEW YORK (Reuters) &#8211; Oil prices slid and global stock benchmarks fell Tuesday after a warning from drugmaker Moderna that existing vaccines are unlikely to be effective against the new coronavirus variant pushed investors into safe havens such as Treasury bonds and the yen. <\/p>\n<p>&#8220;There is no world, I think, where (the effectiveness) is the same level,&#8221; Moderna&#8217;s chief executive Stephane Bancel told the Financial Times in an interview.<\/p>\n<p>&#8220;I think it&#8217;s going to be a material drop. I just don&#8217;t know how much because we need to wait for the data. But all the scientists I&#8217;ve talked to\u2009.\u2009.\u2009.are like &#8216;this is not going to be good&#8217;,&#8221; Bancel said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK (Reuters) &#8211; Oil prices slid and global stock benchmarks fell Tuesday after a warning from drugmaker Moderna that existing vaccines are unlikely to be effective against the new coronavirus variant pushed investors into safe havens such as Treasury bonds and the yen. &#8220;There is no world, I think, where (the effectiveness) is the same level,&#8221; Moderna&#8217;s chief executive Stephane Bancel told the Financial Times in an interview. &#8220;I think it&#8217;s going to be a material drop. I just don&#8217;t know how much because we need to wait for the data. But all the scientists I&#8217;ve talked to\u2009.\u2009.\u2009.are like [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-453015","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/453015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=453015"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/453015\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=453015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=453015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=453015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}