By Peter Nurse
Investing.com – European stock markets are expected to open in subdued fashion Tuesday as investors digest the spread of the Omicron Covid variant ahead of three key central bank meetings this week.
At 2 AM ET (0700 GMT), the contract in Germany traded 0.2% higher, while in France dropped 0.1% and the contract in the U.K. fell 0.5%.
European equities weakened Monday as investors fretted about developments surrounding the Omicron variant of the Covid-19 virus, including the confirmation of the first U.K. death.
Additionally, a study released late Monday from the University of Oxford showed that two doses of established Covid-19 vaccines are substantially less effective at combating Omicron compared with previous variants of the coronavirus, emphasizing the need for a booster shot.
Also on the agenda this week are policy-setting meetings…