European stocks seen higher as investors monitor coronavirus spread, economic data

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European stocks are set to open higher on Wednesday as investors monitor the spread of the new coronavirus and fresh economic data.

China's National Health Commission said that as of Tuesday night, a total ofin the country and 2,004 people have died. A slight slowing of the rate of new cases has lifted investor sentiment, while markets are also monitoring China's attempted return to production following a prolonged shutdown which has sparked fears over global supply chains., while mainland Chinese and Hong Kong markets all edged cautiously higher.

Back in Europe, the EU will on Wednesday launch the first of a series of white paper proposals aiming to help European companies capitalize on their vast quantities of industrial data, while reining in U.S. tech behemoths

 

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'Euro stocks higher as investors fail to pay attention to mathematical modeling of potential virus spread.' Meanwhile, the supply chain framework of 80% of our economies are run by mathematical modelers.

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