Global markets fall amid pessimism over soaring Covid-19 cases

European markets drop, with UK's FTSE 100 down by 1.9%, and it follows a slide in Asia overnight

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Stock markets have fallen across the world amid deepening pessimism over a surge in Covid-19 infections.

Most markets in Europe dropped by more than 2% after a slide in Asia overnight that came when Indonesia reported an increase in cases and some athletes tested positive at Tokyo's Olympic village, with the Games due to open on Friday.