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Asia markets slip after overnight Dow plunge; China’s keeps benchmark lending rate unchanged

The Dow Jones Industrial Average fell more than 700 points overnight on Wall Street as fears over a Covid resurgence weighed on investor sentiment.
China kept its benchmark lending rate unchanged on Tuesday, with the one-year Loan Prime Rate (LPR) steady at 3.85% while the five-year LPR was also left at 4.65%.

European markets drop 1% as investors monitor virus, digest OPEC deal

A surge in Covid-19 cases across the continent caused by the highly transmissible delta variant continues to weigh, with several major European countries forced to reemployment social restrictions.
The devastation caused by massive flooding around Germany and Belgium could weigh on sentiment in the region this week, as well as ongoing coronavirus concerns.

Will Shiba Inu be able to break this resistance?

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