What Does Austria’s Lockdown Mean for the Euro?

Market Movers
3 min readNov 19, 2021

Not the news we would have liked to finish the week with, but it’s just been announced that Austria will go into full national lockdown from Monday for 20 days. They’re seeing record case numbers and they have one of the lowest vaccination rates in Western Europe.

The problem right now is that case numbers are high throughout Europe. Germany is also seeing its intensive care wards filling up so they may have to take action as well. But now that Austria has taken action, they may be the first domino that leads to others doing the same. It’s obviously…

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