European shares rallied to new highs on Wednesday as luxury stocks were lifted by a fall in the number of new coronavirus cases reported in China the previous day.
Investors are monitoring the situation and its potential effect on both the Chinese and global economies."clearly more impactful" on the world economyThe outbreak has led to the closure of Chinese factories and businesses, resulting in a rise in demand for business loans. Major global airlines have suspended flights to mainland China, while events around the world, including Barcelona's Mobile World Congress, have been cancelled to prevent the virus spreading.
Back in Europe, British Prime Minister Boris Johnson is set to reshape his government on Thursday as the U.K. forges a future for itself outside of the European Union.
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Or The focus is shitty leadership in the US. Which is causing concerns in the global markets...mainly asTrump is causing a breakdown in our 3 branches of Government and no one there is to check him. What about that concern?
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