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Global benchmarks mixed as euro hovers at 20-year low to USD

July 6, 2022

Via: ABC News

Global shares were mixed Wednesday as European benchmarks rose in early trading despite looming worries about a global recession that have pushed the euro to a 20-year low against the U.S. dollar.

Asian markets finished mostly lower. Oil prices recouped some lost ground.

Analysts said markets were focusing on a variety of risks, including inflation, oil prices, moves by the U.S. Federal Reserve and other central banks on interest rates, political developments in Britain and worries over COVID-19.

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