European stocks set to bounce on vaccine rollouts and recovery hopes

  • 📰 CNBC
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

European markets are set to open higher on Monday after a rally in Asian shares overnight, with successful vaccine rollouts fueling hopes of a global economic recovery.

European stocks are set for a positive handover from Asia-Pacific. Japan's Nikkei 225 surged past the 30,000 level for the first time in more than 30 years, after government data showedMarkets in China, Hong Kong, Taiwan as well as the U.S. are closed on Monday for holidays.

Oil prices spiked overnight amid fears of an escalation of tensions in the Middle East, after a Saudi-led coalition fighting in Yemen claimed to have intercepted an explosive drone fired by an Iranian-backed Houthi rebel group. Brent crude was up 1.84% at $63.57 per barrel early on Monday morning in Europe.

Back in Europe, the U.K. has now issued a first Covid-19 vaccine dose to more than 15 million people across all four of its top priority categories, in what Prime Minister Boris Johnson described over the weekend as an "extraordinary feat." In Spain, Catalan separatist parties increased their majority in the Catalonian regional parliament on Sunday, despite a strong showing from the local branch of the country's ruling Socialist Workers' Party, setting up potential negotiations between regional separatists and Madrid.board members are set to meet with U.S. investment firm Artisan Partners, which is exerting pressure for a board shakeup, Reuters reported Sunday citing a source close to the matter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Japan's Nikkei 225 surged past the 30,000 level for the first time in more than 30 years. I'm mystified

Myanmar is currently taken over by Military where all the elected leaders have been detained illegally. All the internet lines are unstable now and can be cut off soon. Please help us spread this news worldwide. We need your help to stop this injustice act. SaveMyanmar

So many bitcon traders on Twitter are trickster markdonaldAmeli thank you for opening my eyes to their ways now I’m pretty sure I’ll be able to help others

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines