London's FTSE 100 slipped on Monday, with energy and mining stocks leading broad-based losses, as investors globally fretted over China's economic outlook following rare protests in the country against its strict COVID-19 restrictions.
Commodity prices dipped on worries about demand from top consumer China where protests against strict COVID-19 restrictions. China's zero-COVID policy has already slowed the economy and pressured global growth, but failed to stem the rise in infections.
"It's a very hard thing to price, even the markets are not used to seeing demonstrations in China," said Chris Beauchamp, chief market analyst at IG Group. "It looks quite serious, worries about how that will affect the government's reopening strategy and what kind of response you will get from Beijing, that's definitely causing a bit of caution."
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
China reports another daily record of COVID cases as protests ripple across ChinaChina reported a fifth straight daily record of 40,347 new COVID-19 infections on Nov. 27, of which 3,822 were symptomatic and 36,525 were asymptomatic, the National Health Commission said on Monday.
Lire la suite »
China's Latest COVID Outbreak Strains CCP Zero-Covid MeasuresAnother record wave of COVID infections in China is being met with more lockdowns, frustrating some Chinese citizens. See potential bias and similarities in coverage from AP, axios, and nypost:
Lire la suite »
Got a weird COVID-19 symptom? You’re not alone.From COVID tongue to COVID toe, doctors have seen some bizarre cases. COVID19 COVID CovidIsntOver COVIDSymptoms
Lire la suite »
Protests erupt in China over COVID lockdown restrictionsPublic outrage over new COVID lockdown restrictions has fueled rare protests within China, with residents demanding the government to lift restrictions ahead of schedule. Crowds marched on the streets, chanting 'End the lockdown!'
Lire la suite »
China reports fourth straight daily record of new COVID casesChina reported a record high of 39,791 new COVID-19 infections on Nov. 26, of which 3,709 were symptomatic and 36,082 were asymptomatic, the National Health Commission said on Sunday.
Lire la suite »