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American stock markets fell today, as European stock indices witnessed a significant decline due to fears of a second wave of the Coronavirus pandemic. This potential return to crisis levels of infection could delay the global economic recovery that has been anticipated – or hoped for – in second half of the year.
Risk appetite has dominated global markets since the beginning of the week's trading yesterday and was completed on Tuesday morning
The US dollar has been weakened as demand weakens as anticipation of the Federal Reserve's meeting on Thursday
It seems that the negative risks still face the euro area, which was negatively affected by the slowdown in global growth
The biggest concern of the world markets over the past two days was the Brexit developments
Ben Robson's coverage of the trading week's most important market events.
Sterling remained stable throughout Tuesday's trading, as most investors preferred to remain neutral until determining the outcome
The economic calendar is coming this week not full of important economic events except G7 meeting
The uncertainty in the UK continued to put pressure on sterling trading, falling near a three-year low against the euro after the UK went into a showdown with the European Union over exit negotiations.
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