Global markets take stock of record month
The rush to risk has also benefited oil and industrial commodities while undermining safe-haven dollar and gold
30 November 2020 - 13:12
London/Sydney — World shares paused on Monday to assess a record-breaking month as the prospect of a vaccine-driven economic recovery in 2021 and yet more free money from central banks eclipsed immediate concerns about the coronavirus pandemic.
Helping sentiment was a survey showing that factory activity in China handily beat forecasts in November, and the country's central bank surprised with a helping of cheap loans...
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