European markets set to open lower as hopes for quick coronavirus recovery fade

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European markets set to open lower as hopes for quick coronavirus recovery fade
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European markets set to open lower as hopes of imminent coronavirus recovery fade

Global markets continue to seesaw on hopes and fears over the direction that the coronavirus pandemic is taking. There was optimism that the virus could begin to slow its spread, but an end to the outbreak appears to be some way off.for getting "every aspect" of the coronavirus pandemic wrong and threatened to withhold funding from the international organization.

"They did give us some pretty bad play calling ... with regard to us, they're taking a lot of heat because they didn't want the borders closed, they called it wrong. They really called, I would say, every aspect of it wrong," Trump said at a White House press conference.as countries in the region continued to battle the coronavirus pandemic.

Japanese Prime Minister Shinzo Abe declared Tuesday a state of emergency to combat coronavirus infections in major population centers. Singapore also passed a set of laws that bans social gatherings of any size in both private and public areas. Meanwhile, China lifted travel restrictions in Wuhan — where the virus was originally detected — effective from Wednesday, marking the end of a lockdown that began on Jan. 23.

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