European markets look set to follow their global counterparts lower Tuesday with virus cases spike in a number of countries around the world.
too many countries are headed in the wrong direction"In several countries across the world, we are now seeing dangerous increases in Covid-19 cases, and hospital wards filling up again," Tedros said. "It would appear that many countries are losing gains made as proven measures to reduce risk are not implemented or followed."
Meanwhile, stocks in Asia Pacific fell in Tuesday morning trade, as China's yuan-denominated trade data for June was released, with exports rising 4.3% year on year while imports increased 6.2% as compared to a year earlier, according to customs data. The data was being watched for clues on China's economic recovery following the imposition of lockdowns earlier in the year to curb the spread of theU.S. earnings are also a key focus for investors.
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