Dollar Erases Losses as Risk Aversion Grips

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Midday Market View

 European shares fell on Monday as rising COVID-19 infection rates in Europe prompted renewed lockdown measures in some countries, casting doubt over the economic recovery, with a lack of U.S. stimulus also weighing on sentiment.

 

Midday Key Point

  • Equities continue to tumble, S&P 500 down 2%
  • Cable Slumps to Six-Day Low Amid Dollar Turnaround

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