{"id":455035,"date":"2021-12-09T09:08:02","date_gmt":"2021-12-09T03:38:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=455035"},"modified":"2021-12-09T10:10:32","modified_gmt":"2021-12-09T04:40:32","slug":"asian-shares-extend-gains-catching-global-rally-while-oil-prices-slip","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/asian-shares-extend-gains-catching-global-rally-while-oil-prices-slip\/","title":{"rendered":"Asian shares extend gains catching global rally while oil prices slip"},"content":{"rendered":"<p>Asian shares extended gains on Wednesday, continuing a global relief rally as markets found positive news in early reports about the potential impact of the Omicron variant, although overnight advances in oil prices began to peter out.<\/p>\n<p>&#8220;Markets are very sensitive to any slight new item relating to Omicron, and the absence of bad news is being taken very positively by equity markets, though &#8211; and I&#8217;m not a scientist &#8211; it seems too early to signal an all clear,&#8221; said Stefan Hofer, chief investment strategist for private bank LGT in Asia Pacific <\/p>\n<p>&#8220;With each new variant, we go through a period of waiting for some signal from the scientific community, which is difficult for markets, but that&#8217;s what we got yesterday.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asian shares extended gains on Wednesday, continuing a global relief rally as markets found positive news in early reports about the potential impact of the Omicron variant, although overnight advances in oil prices began to peter out. &#8220;Markets are very sensitive to any slight new item relating to Omicron, and the absence of bad news is being taken very positively by equity markets, though &#8211; and I&#8217;m not a scientist &#8211; it seems too early to signal an all clear,&#8221; said Stefan Hofer, chief investment strategist for private bank LGT in Asia Pacific &#8220;With each new variant, we go through [&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-455035","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\/455035","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=455035"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/455035\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=455035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=455035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=455035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}