China lockdown ups inflation scare across global markets ...Qatar

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China lockdown ups inflation scare across global markets
The inflation scare that’s dominated much of the investment backdrop this year keeps finding new ways to send shockwaves through markets. On Monday, investors awoke to the idea of China locking down Beijing – a city of more than 20mn people – adding to worries about supply stresses that are keeping the heat on prices. European stocks fell the most since April 6, and US futures were pointing to a grim open. A rush for the safety of havens saw US Treasuries, European bonds and the dollar rally. “Inflation is definitely front and centre of investors’ concern, and of course the China story feeds further into that inflation pressure because China is the mother of all supply chains,” said Janet M

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