Picture: 123RF?PIYAMAS DULMUNSUMPHUN
Picture: 123RF?PIYAMAS DULMUNSUMPHUN

As we head into the second half of 2021, the delta Covid-19 variant is causing consternation in markets, with recent flair-ups in Asia and here at home a stark reminder that we are not out of the pandemic woods just yet.

Market participants were keenly awaiting the fed Minutes on Wednesday. Minutes of the June policy meeting might show how serious members were about tapering their asset buying and how early hikes could begin. Oil has come off overnight but the market is still skittish following tension inside Opec+ — Brent is up 44% year to date as seaborne coal prices also soar.

And in company news, Jeff Bezos is feeling post-Prime Day nostalgia. Amazon's founder has officially stepped down as CEO after 27 years at the helm.

Michael Avery talks to Chris Holdsworth, chief investment strategist at Investec Wealth and Investment about what the animal spirits might be trying to tell us.

Michael Avery talks to Chris Holdsworth, chief investment strategist at Investec Wealth and Investment about Covid-19 and the markets

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