{"id":457307,"date":"2021-12-20T10:27:27","date_gmt":"2021-12-20T04:57:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=457307"},"modified":"2021-12-20T11:49:25","modified_gmt":"2021-12-20T06:19:25","slug":"asian-stocks-oil-prices-suffer-as-omicron-spreads","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/asian-stocks-oil-prices-suffer-as-omicron-spreads\/","title":{"rendered":"Asian stocks, oil prices suffer as Omicron spreads"},"content":{"rendered":"<p>SYDNEY: Asian share markets fell and oil prices slid on Monday as surging Omicron COVID-19 cases triggered tighter curbs in Europe and threatened to swamp the global economy into the New Year.<\/p>\n<p>Beijing lightened the mood a little by cutting one-year loan rates for the frost time in 20 months, though some had hoped for an easing in five-year rates as well.<\/p>\n<p>Chinese blue chips still dipped 0.4%, while MSCI&#8217;s index of Asia-Pacific shares outside Japan fell 0.8%. Japan&#8217;s Nikkei dropped 1.7% and South Korean stocks 1.2%. <\/p>\n<p>S&amp;P 500 futures shed 0.8% and Nasdaq futures almost 1%. EUROSTOXX 50 futures lost 1.1% and FTSE futures 1.0%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SYDNEY: Asian share markets fell and oil prices slid on Monday as surging Omicron COVID-19 cases triggered tighter curbs in Europe and threatened to swamp the global economy into the New Year. Beijing lightened the mood a little by cutting one-year loan rates for the frost time in 20 months, though some had hoped for an easing in five-year rates as well. Chinese blue chips still dipped 0.4%, while MSCI&#8217;s index of Asia-Pacific shares outside Japan fell 0.8%. Japan&#8217;s Nikkei dropped 1.7% and South Korean stocks 1.2%. S&amp;P 500 futures shed 0.8% and Nasdaq futures almost 1%. EUROSTOXX 50 futures [&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":[130,191,136],"tags":[],"class_list":["post-457307","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/457307","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=457307"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/457307\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=457307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=457307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=457307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}