"I think what derails this market isn't more China-U.S. tension, isn't more political differences. It would be if we get then large-scale bankruptcies," the chief economic advisor at Allianz added.
Hong Kong authorities broadened their enforcement of a new national security law on Monday, arresting media tycoon Jimmy Lai, searching the headquarters of his Next Digital group and carting away boxes of what they said was evidence.
The U.S. lawmakers targeted by China on Monday have been vocal critics of a new national security law that Beijing imposed on Hong Kong in late June, expanding its authority in the financial hub.
CureVac, one of Germany's leading contenders to develop a COVID-19 vaccine, said it aims to raise up to $245 million in an initial public stock offering (IPO) on the U.S. Nasdaq.
Gold prices could forge ahead to $4,000 per ounce in the next three years, but factors such as the development of a coronavirus vaccine and the November U.S. elections could change the fortunes of the precious metal, analysts say.
American politicians risk making a "dreadful mistake" by escalating tensions with China, economist Jeffrey Sachs told CNBC. He said attacking China has become a bipartisan strategy for political gain and instead urged global leaders to come together on issues like climate change as the economy undergoes a "remarkably choppy period of disruption and transition."
With one in every five small and midcap stocks still down more than 30% since the beginning of the coronavirus crisis, it has "never been easier to make money," according to JPMorgan's Eduardo Lecubarri.
The tariffs, in retaliation for EU subsidies on large aircraft, hit French wine, Italian cheese and single-malt Scotch whisky, as well as cookies, salami, yogurt, olives from France, EU-produced pork sausage and German coffee.
German businesses expect coronavirus restrictions on public life to continue for another 8.5 months on average, according to the closely-followed Ifo institute.
U.S.-China tensions rose last week after President Trump issued executive orders that are set to ban American use of WeChat and TikTok, taking effect from the middle of next month.
Barclays is being probed by the U.K. privacy watchdog, the Information Commissioner's Office (ICO), over allegations that the British bank spied on its staff.
An emergency donor conference on Sunday for blast-stricken Lebanon raised pledges worth nearly 253 million euros ($298 million) for immediate humanitarian relief, the French presidency said.
U.S. Health Secretary Alex Azar is the highest-level U.S. official to visit Taiwan in four decades, a trip condemned by China which claims the island as its own, further irritating Sino-U.S. relations.
Despite the global pandemic, Dubai has seen "impressive levels" of real estate transactions over the past few months, Aqil Kazim of Nakheel said last week.