UK stocks are trading flat to lower this morning. This despite a strong recovery in the US on Friday after Thursday’s sell-off, and an impressive session in Asian markets on Monday led by Japan and China.
Concerns over the rising number of coronavirus delta variant cases are still to the fore with a number of Asian countries, including Japan, imposing new tighter restrictions.
In Europe, Christine Lagarde, ECB President, has indicated that the central bank will introduce new measures next year to support the economy when the current program ends.
In the US, second quarter earnings season is in focus.
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