European stocks opened in negative territory on Monday as investors digest the growing number of deaths from coronavirus. The pan-European Stoxx 600 was down 0.3% at the start of trading, with core resources and oil and gas stocks losing 0.7% to lead losses as most sectors and major markets opened …
Read More »British pound should be treated as an emerging market currency: analysts
Matt Cardy | fake pictures The British pound is behaving like an emerging market currency due to Brexit and liquidity conditions, analysts at Bank of America say. In a note this week, Kamal Sharma and Myria Kyriacou, analysts at the bank, warned that the UK’s exit from the European Union …
Read More »Biden says he would need masks; Russia Reports New Lower Daily Cases Since April
The White House coronavirus task force is slated to hold its first news briefing in nearly two months on Friday as new coronavirus cases continue to emerge in much of the country. Vice President Mike Pence will lead the briefing, according to the Department of Health and Human Services, but …
Read More »Investors Monitor US Coronavirus Cases, Hopes for Recovery
European markets advanced on Friday morning despite rising cases of coronavirus in the US and additional warnings about a second market crash from the International Monetary Fund (IMF). The pan-European Stoxx 600 rose 0.6% in initial trade, with tech stocks adding 1.2% to lead gains as all sectors and major …
Read More »Countries say they are unlikely to impose full blockades if there is a second wave, analysts say
People enjoy the beach amid the coronavirus pandemic in Huntington Beach, California on June 14, 2020. APU GOMES | AFP | fake pictures Countries are highly unlikely to impose another full blockade despite a resurgence of new cases of coronavirus in some parts of the world, analysts told CNBC. The …
Read More »