Markets remain subdued as Ukraine-Russia tensions escalate, and global growth forecasts are trimmed

Sophie Lund-Yates, Lead Equity Analyst at Hargreaves Lansdown

·    Ukraine-Russia tensions escalate as Ukrainian President Volodymyr Zelensky says a large-scale Russian offensive is under way in the eastern Donbas region

·    The World Bank estimate for global growth in 2022 has been trimmed to 3.2% from a January prediction of 4.1%

·    Growing concerns over Chinese lockdowns and slowing global growth means Hong Kong stocks fell steeply. S&P500 and The Nasdaq showing muted reactions so far

·    The...

https://allaboutshipping.co.uk/2022/04/19/markets-remain-subdued-as-ukraine-russia-tensions-escalate-and-global-growth-forecasts-are-trimmed/

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