European markets are gearing up for a negative open on Wednesday, despite the region starting to lift restrictive measures in various countries to allow the economies to gradually restart.
while it reviews the agency's response to the Covid-19 pandemic, President Donald Trump announced Tuesday, saying the international health agency made mistakes that "caused so much death" as the coronavirus spread across the globe., and said that now is not the time to reduce resources in the fight against the coronavirus.
There had been hopes in Europe that life could return to normal soon as various countries have started to tentatively lift restrictions on public life and businesses that have crippled economies during the pandemic. Spain reopened some construction sites and manufacturing industries Monday, Italy has allowed some parts of the country to reopen bookshops and stationary shops, as well as shops selling children's clothes, on Tuesday. Denmark is due to reopen elementary schools and kindergartens on Wednesday.
Other countries, such as the U.K. and France, meanwhile, are looking to extend lockdown measures into early May. There are no major European earnings Wednesday. On the data front, consumer price inflation data is expected from Spain, Italy, France and Sweden.
France Dernières Nouvelles, France Actualités
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