Markets See Perks of Lockdown Ease

Markets See Perks of Lockdown Ease

eToro have noted that the markets have seen a spike today after the lockdown of countries has continued to be brought to a close.

After months of turmoil at the hands of Covid-19, the restrictions in place have been gradually eased of late now that deaths in corona hotspots like the UK, France and Italy have slowed. The result of these eased lockdown measures can be witnessed in the markets

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Specifically, the area where these nations are based, Europe, with the Asian market also seeing recent gains in the last 48 hours or so. Alongside the Nikkei 1.1% and the Hang Seng which were up by 1.1% and 1.4%, the other big grower was the UK’s FTSE100.

The latter was specifically affected by an address from the UK Prime Minister, Boris Johnson to the UK with information going forward. While the information was confusing, one of the key takeaways was that construction workers could return to work.

While we can’t talk too soon about continuing progress the markets will make, eToro are feeling positive. The full-down of today’s market news can be found on their website now if you want to learn more.

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