LONDON (Reuters) – Fears that a second wave of COVID-19 infections is under method sent out jitters throughout worldwide markets on Monday with stocks and oil under pressure while investors bought into safe havens such as German government debt.
FILE IMAGE: A street cleansing personnel walks past the London Stock market Group structure in the City of London monetary district, whilst British stocks topple as financiers fear that the coronavirus break out might stall the worldwide economy, in London, Britain, March 9,2020 REUTERS/Toby Melville
Beijing reported its second consecutive day of record varieties of virus cases and hospitalisations increased in some U.S. states, leading investors to reassess their assumption of a quick V-shaped recovery.
” I am encouraged that if cases continue to increase once again, market individuals will clearly re-evaluate market evaluations