European stock markets fell on Friday with investors disappointed by the lack of details in a trillion-euro emergency fund agreed by the bloc's leaders as evidence grew of the global damage wrought by the coronavirus crisis.
- European stock markets fell on Friday with investors disappointed by the lack of details in a trillion-euro emergency fund agreed by the bloc’s leaders as evidence grew of the global damage wrought by the coronavirus crisis.
The slide put the benchmark index on course to end a two-week winning streak, adding to a selloff driven by a historic collapse in oil prices on Monday as sweeping lockdown measures to contain the virus outbreak shut production and crush demand.fell 1.5% with data showing UK retail sales crashed in March, a day after surveys signalled a collapse in April business activity across the globe and U.S. jobless claims topped 26 million in five weeks.
The STOXX 600 has recovered this month from eight-year lows hit in March, partly on hopes the strict stay-at-home orders would be eased on signs the pandemic was peaking in the worst hit parts of the world.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
EU leaders weigh massive coronavirus economic recovery measuresAs businesses cautiously reopen in some European countries, leaders consider urgent coronavirus spending measures and an economic recovery plan.
Lire la suite »
Stocks pause before key EU meeting on coronavirus aidCaution gripped markets on Thursday, with stocks falling before a key Eurogroup meeting to discuss joint stimulus measures, offsetting optimism from a fresh round of U.S. coronavirus aid and a recovery in oil prices.
Lire la suite »
EU foreign policy chief chides U.S. for blocking Iran loanJosep Borrell, the EU's foreign policy chief, on Wednesday criticized the U.S. for blocking an Iranian request for a loan from the International Monetary Fund
Lire la suite »
EU regrets U.S. refusal to allow economic aid for Iran to fight coronavirusThe European Union has urged the United States to ease its sanctions on Iran and approve economic aid to help deal with the coronavirus pandemic, but its calls were rejected, the EU's top diplomat said on Wednesday.
Lire la suite »
EU leaders back budget reboot for coronavirus recoveryEuropean Commission tasked with drawing up economic rescue plan but big questions remain unresolved.
Lire la suite »
EU leaders weigh massive virus economic recovery measuresBRUSSELS (AP) — European Union leaders are set to weigh Thursday the damage the coronavirus has inflicted on health care systems and the lives of around half a billion citizens across the bloc as...
Lire la suite »