Global markets fall amid simmering US-China tension
Equities slip as traders worry about long-term effect of the new coronavirus, but oil rises to two-and-a-half month high
21 May 2020 - 12:29
London — Equity markets slipped on Thursday on the concern about the long-term effect of the new coronavirus and simmering US-China tension, though the worry could not stop oil prices from marching to a two-and-a-half month high.
The London, Frankfurt and Paris bourses and Wall Street futures were all 0.7%-1% lower in early trading, while the euro and pound both wilted as the dollar snapped a four-day losing streak...
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