Global markets are subdued amid more lockdowns in Europe
Ifo Institute cuts German growth forecast for 2021 with slow vaccine rollouts in parts of the world also adding to the general market malaise
24 March 2021 - 12:35
London — Global shares eased on Wednesday as optimism over the pace of recovery from Covid-19 that propelled markets to record highs was fizzling out in the face of more lockdowns in Europe.
European shares hit a two-week low before the pan-European Stoxx index of leading companies recovered some lost ground to trade down 0.18%. Travel stocks were among the biggest fallers on the prospect of holidays abroad remaining a dream for now...
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