Germany's Merkel: Coronavirus situation is dramatic

German Chancellor Angela Merkel noted that the coronavirus situation in the country was dramatic, as reported by Reuters. "It is not too late to decide to get your first COVID vaccination shot," Merkel added.

Earlier in the day, Germany's Robert Koch Institue announced that there were 52,826 new confirmed cases in Germany.

Market reaction

These comments don't seem to be having a significant impact on market sentiment. As of writing, Germany's DAX Index was up 0.1% at 16,264 and the EUR/USD pair was virtually unchanged on the day at 1.1316.