European markets muted as investors monitor omicron risk

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European markets muted as investors monitor omicron risk
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European markets set for muted open as investors monitor omicron risk

has announced that a third dose of its mRNA vaccine appears to provide significant protection against the variant.

German Chancellor Olaf Scholz said Tuesday that new social restrictions will be introduced before New Year's Eve, including limiting private gatherings among vaccinated people to a maximum of 10. Britain on Tuesday pledged £1 billion to businesses hit by the new Covid-19 variant, with the country's hospitality sector and others once again under strain.

On the data front, U.K. GDP grew 1.1% in the third quarter, final readings confirmed Wednesday, slightly below the 1.3% expected by economists in a Reuters poll. Other data due Wednesday includes French November producer prices and British third-quarter business investment figures.shares added 5.3% after announcing that it would scale back its German operations and sell off its Japanese unit in the first quarter of 2022.climbed 4.5% after signing a delivery tie-up with Tesco-owned convenience store chain One Stop.

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