Throwing a lifeline: ECB support may save sinking economies

Preventing devastating impact of lockdowns

The impending US General Election is keeping investors on tenterhooks and markets have been acting accordingly, with volatility rearing its head across both US and global markets over the past week.

But aside from slanging matches, lawsuits, a deluge of mail-in ballots and even a risk that the incumbent president may refuse to leave The White House if the vote does not swing in his favour, Europe is currently having to deal with its own headwinds. One by one, countries across the continent have implemented stricter lockdown measures as Covid-19 infection numbers have begun to rise once more, with new cases across the 27 member states reaching 156,000 on 25 October, compared to an average of 32,500 over seven days during April's peak. Fidelity's Morse slashes exposure to European ...