FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 15, 2020. REUTERS/StaffIreland announced some of Europe’s toughest COVID-19 constraints on Monday, while Italy, Spain and Britain also imposed curbs to limit the spread of new coronavirus cases that now threaten to derail a budding economic recovery.
“What we’re likely to see is concerns about near-term growth, and I wouldn’t be surprised if we saw weakness in markets on the back of that,” said Nick Peters, multi-asset portfolio manager at Fidelity International. “Thinking 6-12 months out, we’re assuming that local lockdowns will be successful and there should be better news about vaccine.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: