Economies around the world began the year still trying to emerge from the Covid-19 pandemic.
Opening calls on Friday point to losses of 2 points for the U.K.'s FTSE 100, a fall of 12 points for the CAC 40 and the German DAX is set to slide 18 points.
LONDON — European markets are on course for their worst year since 2018 as Russia's war in Ukraine, high inflation and tightening monetary policy hammered risk assets around the world.will start the last trading day of 2022 down more than 12% since the turn of the year, its worst performance since a 13.24% annual decline in 2018. The European blue chip index enjoyed a bumper 2021, jumping 22.25% on the year.
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