HONG KONG China – Asian markets rose Thursday but optimism over the pace of economic recovery continued to be offset by worries about rising infections across Europe and the continent’s vaccine struggles, with inflation concerns casting an ever-present shadow.
After a year-long surge, global equities have run out of steam with expectations of a strong growth rebound stoking fear that prices will soar, forcing central banks to wind in the ultra-low monetary policies that have supported the rally.
And while the stock gains have been boosted by the rollout of inoculations — particularly in Britain and the United States — Europe’s stuttering launch has been compounded b…
Keep on reading: Asian markets edge higher but inflation, virus fears cast shadow