• Latest
  • Trending
European stocks should pick up on hope for stimulus to ease impact of coronaviruses – CNBC

European stocks should pick up on hope for stimulus to ease impact of coronaviruses – CNBC

02.03.2020
EXCLUSIVE: Molly-Mae Hague shows off her bra in a sheer top and wears a tiny faux leather skirt as she hits the streets of New York for her latest PLT campaign.

EXCLUSIVE: Molly-Mae Hague shows off her bra in a sheer top and wears a tiny faux leather skirt as she hits the streets of New York for her latest PLT campaign.

26.09.2023
Dimon warns world not ready for 7% Fed rate: Times of India – Yahoo Finance

Dimon warns world not ready for 7% Fed rate: Times of India – Yahoo Finance

26.09.2023
No new oil or coal projects needed as fossil fuel demand peaks this decade: IEA – Yahoo Canada Finance

No new oil or coal projects needed as fossil fuel demand peaks this decade: IEA – Yahoo Canada Finance

26.09.2023
Apple Watch users report weather complications issues in watchOS… – MacRumors

Apple Watch users report weather complications issues in watchOS… – MacRumors

26.09.2023
Bruno Mars and The Killers brought nostalgia to Vegas for JBL Fest 2023

Bruno Mars and The Killers brought nostalgia to Vegas for JBL Fest 2023

26.09.2023
Trump objects to Jack Smith’s request for restrained silence order in January 6 case – The Washington Post

Trump objects to Jack Smith’s request for restrained silence order in January 6 case – The Washington Post

26.09.2023
Galaxy S24 release date confirmed as Samsung changes strategy again

Galaxy S24 release date confirmed as Samsung changes strategy again

26.09.2023
Third arrest for fentanyl stash found in daycare after boy’s death, 1

Third arrest for fentanyl stash found in daycare after boy’s death, 1

26.09.2023
European stock markets in the green;  Enel soars on the Mib – Marketscreener.com

US Futures, European Stocks Fall – Today – Marketscreener.com

26.09.2023
Huawei partners with Egypt to transfer modern technologies for digital transformation – ZAWYA

Huawei partners with Egypt to transfer modern technologies for digital transformation – ZAWYA

26.09.2023
Met Police investigate allegations of sexual offenses as comic strip begins again… – The Independent

Met Police investigate allegations of sexual offenses as comic strip begins again… – The Independent

26.09.2023
China Evergrande shares fall for second day after unit misses bond payments – Reuters.com

China Evergrande shares fall for second day after unit misses bond payments – Reuters.com

26.09.2023
Tuesday, September 26, 2023
  • World
  • Economics
  • Sport
    • Basketball
    • Football
    • Nfl
    • Golf
    • F1
    • UFC
  • Technology
  • Culture
    • Arts
  • Media
    • Film
    • Celebs
    • TV
  • LifeStyle
    • Auto
  • Travel
OLTNEWS
  • World
  • Economics
  • Sport
    • Basketball
    • Football
    • Nfl
    • Golf
    • F1
    • UFC
  • Technology
  • Culture
    • Arts
  • Media
    • Film
    • Celebs
    • TV
  • LifeStyle
    • Auto
  • Travel
OLTNEWS
No Result
View All Result

Home » Economics » European stocks should pick up on hope for stimulus to ease impact of coronaviruses – CNBC

European stocks should pick up on hope for stimulus to ease impact of coronaviruses – CNBC

02/03/2020 09:29:01
in Economics
0
0
SHARES
Share on WhatsappShare on Facebook

Related posts

No new oil or coal projects needed as fossil fuel demand peaks this decade: IEA – Yahoo Canada Finance

No new oil or coal projects needed as fossil fuel demand peaks this decade: IEA – Yahoo Canada Finance

26.09.2023
European stock markets in the green;  Enel soars on the Mib – Marketscreener.com

US Futures, European Stocks Fall – Today – Marketscreener.com

26.09.2023


European markets are expected to open higher on Monday as investor sentiment is boosted by promises of a coordinated global monetary policy response to lessen the economic impact of the coronavirus epidemic.

The London FTSE index should open 140 more points to 6,703, the German DAX 159 more points to 12,015, the French CAC up 69 points to 5,369 and the Italian FTSE MIB index is up 117 points to 22,266, according to IG.

There is hope that central banks could introduce stimulus measures to lessen the impact of the epidemic on the global economy. These occur amid a sharp increase in coronavirus cases outside of China, including the United States and Europe.

In total, there are now more than 87,000 cases of confirmed viruses worldwide and more than 3,000 deaths. The United States reported its second death from the virus and New York reported its first case on Sunday.

Global stock markets suffered heavy losses last week, experiencing the worst declines since the 2008 financial crisis, but looked set to try to rebound this week after these lows. There will be a pause to reflect as the latest Chinese manufacturing data for February, however, has arrived much worse than expected. A private survey released Monday showed that factory activity in China fell to a record low in February.

The data came after the National Bureau of Statistics released figures on Saturday showing that the official purchasing index (PMI) fell to 35.7 in February ⁠ – the lowest level on record, according to Reuters – compared at a reading of 50.0 in January. . The level of 50 points in PMI readings separates growth from contraction.

There is growing speculation that central banks could step in to stimulate the economy to mitigate the financial impact of the coronavirus. On Friday, the President of the Federal Reserve, Jerome Powell, said that the coronavirus “poses progressive risks to economic activity” and that the Fed “would use our tools and act appropriately to support the economy”.

In other news, the UK and the EU are expected to begin their first round of post-Brexit trade talks on Monday. EU ministers have said they are ready to offer a “substantial, ambitious and far-reaching partnership” to the United Kingdom, while the London government has said “that a comprehensive free trade agreement should be at the heart “in the upcoming negotiations.

Data released in Europe on Monday includes a series of manufacturing PMIs for February.

– Eustace Huang of CNBC contributed to the reporting on this story.

Previous Post

Cutelaba vs Ankalaev’s “controversial arrival” prompted UFC fans to proclaim “the worst stop ever in MMA” – and even fighters explode the decision

Next Post

Miss Manners: Barista has the nerve to do his job well without smiling

Related Posts

No new oil or coal projects needed as fossil fuel demand peaks this decade: IEA – Yahoo Canada Finance
Economics

No new oil or coal projects needed as fossil fuel demand peaks this decade: IEA – Yahoo Canada Finance

26.09.2023
0

CALGARY — Even if no new government climate policies are introduced before 2030, global demand for fossil fuels will still...

Read more
European stock markets in the green;  Enel soars on the Mib – Marketscreener.com

US Futures, European Stocks Fall – Today – Marketscreener.com

26.09.2023
Leveraging Blockchain – The NonProfit Times

Leveraging Blockchain – The NonProfit Times

26.09.2023

Philippine Blockchain Week Responds to Miss Universe Coin Fraud Allegations – Bitcoinist

26.09.2023

EU and G7 tankers facilitate Russian oil exports, report says – EUobserver

26.09.2023

Midday atmosphere | Autos, metals shine in sluggish market amid rise in US bonds, weakness in Asian indices – Moneycontrol

26.09.2023
Load More
Next Post
Miss Manners: Barista has the nerve to do his job well without smiling

Miss Manners: Barista has the nerve to do his job well without smiling

Recent Posts

  • EXCLUSIVE: Molly-Mae Hague shows off her bra in a sheer top and wears a tiny faux leather skirt as she hits the streets of New York for her latest PLT campaign.
  • Dimon warns world not ready for 7% Fed rate: Times of India – Yahoo Finance
  • No new oil or coal projects needed as fossil fuel demand peaks this decade: IEA – Yahoo Canada Finance
  • Apple Watch users report weather complications issues in watchOS… – MacRumors
  • Bruno Mars and The Killers brought nostalgia to Vegas for JBL Fest 2023

Archives

  • September 2023
  • August 2023
  • July 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • EN

© 2020

No Result
View All Result
  • World
  • Economics
  • Sport
    • Basketball
    • Football
    • Nfl
    • Golf
    • F1
    • UFC
  • Technology
  • Culture
    • Arts
  • Media
    • Film
    • Celebs
    • TV
  • LifeStyle
    • Auto
  • Travel

© 2020

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.