Danilo Maroni shows us the day ahead.

Now that central banks have made their big decisions, investors can concentrate on COVID-19 developments. They aren’t seeing much.

Officials are encouraging Americans to receive booster shots, as they are hoping that the end of this pandemic is near.

Omicron’s grip on Christmas is being tightened, and risk-off sentiment follows suit. Futures indicate that European shares will fall 2%. Oil lost more than $2 per bar in Asian trading and safety-havens, such as gold or the Japanese yen, are in high demand.

Omicron can cause hospitalisations or even deaths, despite mild symptoms.

This is not to mention the Federal Reserve’s last week’s hawkish turn and new hurdles that President Joe Biden faces with his $1.75 trillion investment bill. Then, concerns about growth and confidence are well-placed. Goldman Sachs, NYSE:), was quick to cut U.S. forecasts of growth for much of the next year.

China cut its benchmark lending rate by 0.5% for the first time since February to support its economy. This sent the yuan down to its lowest level in 10 days.

Key developments that should provide more direction to markets on Monday: * Omicron threat looms over winter holidays in Europe andU.S. * China cuts lending benchmark, market sees more easing in2022 * Manchin delivers potential fatal blow to Biden’s $1.75trillion spending bill * UK RightMove house prices