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: 10.04.2026 Expectation: 500 pips
AUDCAD flashes short-term buy signal
03 April 2026 47
Period: 10.04.2026 Expectation: 800 pips
GBPUSD is poised to resume decline after short-term bullish momentum
03 April 2026 38
Period: 29.05.2026 Expectation: 2000 pips
Selling USDCAD with 1.37250 target
03 April 2026 33
Period: 30.04.2026 Expectation: 1300 pips
Investing in SPX during correction with 6,700 in sight
03 April 2026 25
Brent sell
Period: 10.04.2026 Expectation: 850 pips
Brent crude pullback is coming as geopolitical premium fades
03 April 2026 49
Period: 30.04.2026 Expectation: 850 pips
Selling EURUSD down to 1.1490
03 April 2026 40
Go to forecasts