1 December 2022 | Other

China softens its tone on COVID

China is weakening its position on the coronavirus and easing some restrictions. This comes despite a record high number of new cases of infection.

Certain cities in China continue to report an increase in the number of COVID-19 infected. Despite this, the isolation of some areas has been lifted, and the work of enterprises has been resumed again.

In response to comments published in the official media, Chinese Vice Premier Sun Chunlan said that China is facing new challenges in preventing and combating the pandemic. She also added that the Omicron strain of the virus is gradually weakening, while an increasing number of people are being vaccinated, accumulating immunity against COVID.

Company MarketCheese
Period: 30.04.2026 Expectation: 1100 pips
Buying AUDCAD from support zone
27 March 2026 33
Brent sell
Period: 03.04.2026 Expectation: 920 pips
Brent crude is poised to dip further on rising selling pressure above $106.00
27 March 2026 54
Period: 03.04.2026 Expectation: 950 pips
USDCAD gains ground on risk aversion and soft Canadian data
27 March 2026 30
Period: 31.05.2026 Expectation: 3500 pips
GBPUSD selloff takes hold as UK inflation expectations soar
27 March 2026 21
Period: 30.04.2026 Expectation: 1400 pips
Selling GBPUSD down to 1.3200
27 March 2026 21
Period: 30.04.2026 Expectation: 1300 pips
Investing in SPX from $6,640
27 March 2026 19
Go to forecasts