European markets plunge on new virus strain fears ...Qatar

European stocks, oil prices and the pound slumped yesterday as a highly infectious strain of coronavirus in Britain had traders seeking shelter. Sterling lost 1.3% against the dollar, with the pound also still being hit as a post-Brexit trade deal between Britain and the EU remained out of reach. The euro gained 1.0% against the pound, while oil prices slipped by more than 4.0%. “The short-term crude demand outlook just got dealt a massive blow that will provide added uncertainty over the next couple of months,” remarked Edward Moya, a senior analyst with the online broker Oanda. London’s benchmark FTSE 100 index was 1.7% lower at 6,416.32 points at the end of the day, while in midday New Y

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