Published by
Reuters UK
Reuters UK
By Chris Prentice and Marc Jones WASHINGTON/LONDON (Reuters) -Traders ditched riskier assets on Monday as relief over Emmanuel Macron’s victory in the French presidential election quickly gave way to renewed concerns about rising global interest rates and China’s spluttering economy. Wall Street extended last week’s sharp sell-off as fears over China’s COVID-19 outbreaks spooked investors already worried about faster U.S. interest rate hikes denting economic growth. Asian markets had suffered their worst day in over a month overnight on fears that Beijing was about to go back into a COVID-19 l…