20 July 21 - Market Jitters  | Z Energy Update Global markets tumbled lower overnight, (S&P 500 index -1.6%) as the rapid spread of the Covid delta variant spooked markets. This saw investors question the economic recovery which has fueled the equity rally for most of the year. Additionally, tensions between the US, UK and China escalated after the Five Eyes countries announced that the Chinese government has been the mastermind behind a series of malicious ransomware, data theft and cyber-espionage against public and private entities - including a Microsoft Exchange hack earlier this year. Investors also moved into safe-havens, with the US 10-year treasury yield down -11 basis points to 1.18% and hitting fresh 5-month low. All sectors were in the red with Energy, Financials and Industrials being the worst performers. WTI crude oil slumped -7.5% as OPEC+ agreed on lifting supply as well as easing demand outlook.  Euro...