Global equities flirt with three-month highs
The optimism due to countries reopening has boosted risk appetite and outweighed the worry over US protests
01 June 2020 - 11:49
London — World stocks were just shy of three-month highs and the dollar weakened further on Monday as optimism on economies opening up boosted risk appetite, shrugging off the worry over riots in the US and unease over Washington’s power struggle with Beijing.
After having risen a whopping 35% from a late March trough, stocks were set to kick off June with more gains. The MSCI all country world stocks index has covered two-thirds of the losses it incurred in the aftermath of the coronavirus outbreak...
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