Global markets uneasy, and it is all to do with Covid-19

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It is difficult for investors to take positions in the short term given all the uncertainties, one analyst says

London — Financial markets remained shaky on Friday as hopes for a new round of US fiscal stimulus met fears that social restrictions to tackle the coronavirus pandemic would undermine economic recovery.

“In the meantime, it's hard for investors to take positions on the short term given all the uncertainties,” he said. “Looking forward to 2021, there’s a good probability these risks will be behind us.” Germany's 10-year bond yield was set for its biggest weekly drop since August as doubts grew about the economic recovery in the eurozone.

 

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