GLOBAL MARKETS-World shares look past lockdowns as U.S. election approaches

World shares recovered from one-month lows on Monday as strengthening factory data in China and Europe offset news of new virus lockdowns, while investors prepared for more volatility arising from the U.S. presidential election. The MSCI world equity index, which tracks shares in 49 countries, was up 0.4% by 1047 GMT, following a strong performance in Asia after data showed Chinese factory activity expanded at its fastest pace in a decade.