LONDON - The recovery from the coronavirus financial crash will take time for European stocks which are expected to end 2021 around 10% below this February’s record high, a Reuters poll of about 30 fund managers, strategists and brokers showed.
The index hit a record high of 433.9 points on Feb. 19 but the coronavirus pandemic and lockdowns imposed across the world to limit its spread triggered a global sell-off in anticipation of recessions caused by entire countries closing down. The rally, however, lost its steam at the beginning of May with stock markets holding their ground as expectations for corporate profits continued to deteriorate sharply.
Amazing choice of photo
AlessioUrban
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks open higher on recovery hopes as TUI surges over 30%European stocks opened higher on Tuesday on economic recovery hopes. The FTSE 100 undefined rallied 1.9% after a three-day break in the U.K., while the...
Source: MarketWatch - 🏆 3. / 97 Read more »
Banks, automakers drive European stocks higher, EU recovery plan awaitedEuropean shares edged higher on Wednesday as investors focused on a fresh EU stimulus plan , but renewed U.S.-China tensions over Hong Kong tempered optimism about a global economic recovery.
Source: Reuters - 🏆 2. / 97 Read more »
Indian stocks' performance this year to be worst since 2011: Reuters pollIndian stocks will not recoup this year's losses anytime soon and 2020 will mark the worst annual performance in nine years on fears of a deep downturn in the economy and business activity, a Reuters poll of market strategists found. Этому можно верить? Just gotta break more pots link The Indian Modia will portray the stock performance of 2020 as the best since Adam & Eve.
Source: Reuters - 🏆 2. / 97 Read more »
U.S. stocks to end year around current levels as virus takes toll: Reuters pollU.S. stocks will end this year around current levels as the coronavirus pandemic cripples the economy and eats into earnings, according to strategists polled by Reuters. cvaletkevitch In augury of the downfall of the Abe political power, His intimate bureaucrats are running to get dressed the huge amounts of taxes. cvaletkevitch When your first cite is an analyst saying nobody knows, it’s hard to take forecasting seriously. The article provides no reason to. The specific nature of the forecasting is part of the illusion that it could mean something. cvaletkevitch As the 🇺🇸US-🇨🇳China trade demonstrated China🇨🇳is a strong engine for: the 🌏Economy, regardless🇺🇸US relentless attacks, a multipolar 🌏🌍🌎is in need of China's🇺🇸 support&cooperation to rescue their economies.
Source: Reuters - 🏆 2. / 97 Read more »