NEW YORK (Reuters) – World equity markets were little changed and safe-haven bonds got on Tuesday as investors weighed more powerful economic data from China and upbeat business incomes in Europe versus issues about a prospective 2nd wave of coronavirus infections as economies resume.
FILE IMAGE: The Wall Street sign is imagined at the New York Stock exchange (NYSE) in the Manhattan district of New york city City, New York City, U.S., March 9,2020 REUTERS/Carlo Allegri
Stock markets have actually rebounded sharply in current weeks as the spread of the novel coronavirus was curbed in the largest economies of Asia and Europe, while parts of the U.S. economy started to reopen after weeks of lockdowns.
” We have had a rally that has actually not been liked by everybody,” stated Hans Peterson, global head of asset allocation at SEB Financial investment Management. “That rally might continue for