US NIAIH's Fauci: No indications new Covid-19 variant yet in US, will decide on travel bans soon

US National Institute of Allergy and Infectious Disease Director Anthony Fauci said on Friday that there were not yet any indications that the new Covid-19 variant was already in the US, according to Reuters. The US will decide on any potential travel bans after getting more information, Fauci added, saying that the US was in close communication with South African scientists. 

Market Reaction

The latest comments from Fauci have not impacted the market's already very downbeat sentiment. Market participants eagerly await more information about the new variant and what the global policy response to it, if it is as dangerous as feared, might be.