GLOBAL MARKETS-World shares slide on inflation fears, commodities surge ...Middle East

Global stock markets fell on Monday as expectations of faster growth and quickening inflation battered bonds, boosted commodities and led to a further rotation out of the big tech names that have driven the equity rally during the pandemic. Gold rose more than 1% and copper prices shot above $9,000 a tonne for the first time since 2011 on the prospect for inflation and growth, while the dollar slumped to multi-year lows against the British pound and the Australian dollar.

Hence then, the article about global markets world shares slide on inflation fears commodities surge was published today ( Tuesday 23/02/2021 - 12:46 AM ) and is available on Devdiscourse ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( GLOBAL MARKETS-World shares slide on inflation fears, commodities surge )

Also on site :

• South Korea Urges Power Conservation Amid Price Hikes
• Market Volatility Amid Middle East Energy Shock: A Financial Rollercoaster
• Miranda Devine: The Dems propaganda of constant lies are getting Americans killed