breaking news European rate hike plans and Shanghai Covid measures pull markets back Business News lastminute news


Source: leportale.com leportale.com

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The FTSE 100 fell lower on renewed coronavirus concerns in China and the European Central Bank's plan to hike interest rates soon. The FTSE 100 fell lower on renewed coronavirus concerns in China and the European Central Bank’s plan to hike interest rates soon. Shares across Europe started the day in negative territory after news that parts of Shanghai would go into another lockdown with a wider testing program later this week. The deficit widened after the ECB outlined a rate hike plan in July and September. London’s top flight ended the day down 116.79 points, or 1.54%, at 7,476.21....