Global markets static as virus surge offsets vaccine euphoria
The MSCI world index is flat but just off a record high as US retail sales highlight a fragile recovery and the dollar dips to new lows
18 November 2020 - 11:35
London/Tokyo — Global shares were little changed and oil rose on Wednesday as weak US retail sales and a surge of new coronavirus cases dampened but did not extinguish the euphoria from recent Covid-19 vaccine breakthroughs.
The MSCI world index was flat at 8.23am GMT, just shy of the previous session’s record high...
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