Asian shares slipped Monday, amid worries about surging coronavirus infections in the region, as well as concerns about the long-term impact from the Afghan...
TOKYO — Asian shares slipped Monday, amid worries about surging coronavirus infections in the region, as well as concerns about the long-term impact from the Afghan government’s collapse.
“This is stretching out already elongated timelines to herd immunity, necessitating periodic lockdowns to stymie rising infection rates,” said Venkateswara Lavanya at Mizuho Bank in Singapore. “Yes, markets will try to brush this geopolitical earthquake off: It’s just Afghanistan; It’s a long way away,” said Rabobank in its daily market commentary. “This geopolitical nightmare is almost certainly only just beginning.”
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