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Covid appears to be the Achilles heel for Southeast Asian economies, says Jefferies

Covid appears to be the Achilles heel for Southeast Asian economies, says Jefferies CNBC 17 hrs ago Eustance Huang Many economies in Southeast Asia are struggling to come to grips with Covid in their countries, says Jefferies Sean Darby. The pandemic is proving to be an Achilles heel for the region, despite economies like Indonesia showing signs of recovery, Darby told CNBC. A surge in the more infectious delta variant of the coronavirus has crippled major economies in Southeast Asia, with Indonesia, Malaysia and Thailand seeing record high daily infections in recent weeks. Jefferies warns of potential permanent scarring of economies from the pandemic

21Jul2021 Pre-Market Commentary: US Stock Markets Are Expected To Open Higher, DOW Up 162 Points, Nasdaq Down 0 1%, WTI Crude Fractionally Higher 68 32, Bitcoin 31500

21Jul2021 Pre-Market Commentary: US Stock Markets Are Expected To Open Higher, DOW Up 162 Points, Nasdaq Down 0 1%, WTI Crude Fractionally Higher 68 32, Bitcoin 31500
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