Global equities recover after hitting one-month lows
Upbeat Chinese data counteracts new lockdowns in Europe, while investors get ready for more volatility coming from US election
02 November 2020 - 12:32
Milan/Sydney — World shares recovered from one-month lows on Monday as upbeat Chinese data offset new lockdowns in Europe, while investors prepared for more volatility arising from the US presidential election.
MSCI world equity index, which tracks shares in 49 countries, rose 0.2% by 8.58am GMT, following a strong performance in Asia after data showed Chinese factory activity expanded at its fastest pace in a decade...
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