The headline certainly doesn't help with the sluggish mood in risk trades, with Beijing reporting 316 new local COVID-19 cases during the 15 hours to 3pm local time today. S&P 500 futures are down 21 points, or 0.5%, currently with European indices also marked down around 0.2% to 0.4% across the board now.
Beijing official says city faces the most complex and severe Covid control situation
- This adds to the negative risk undertones to start the new week
