Europe: Stocks close near 2-week high as PMI data brings cheer

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

[BENGALURU] European shares closed at their highest in almost two weeks on Tuesday, powered by cyclical stocks, following signs that business activity in the continent was rebounding faster than expected from a coronavirus-driven slump. Read more at The Business Times.

"It would no longer surprise me if the data is a surprise on the upside," said Daniel McDonagh, head of European portfolio management team at Pyrford International, part of BMO Global Asset Management.

Investors also took relief as White House trade adviser Peter Navarro walked back from his earlier remarks that the Phase One trade deal with China was"over" and US President Donald Trump confirmed in a tweet the trade deal was fully intact. Trillions of dollars in stimulus from central banks and governments have helped the Stoxx 600 recover nearly 37 per cent from March lows, although the pace of recovery has slowed in June amid worries over a fresh rise in coronavirus cases.

German metals trader Kloeckner & Co jumped 17.5 per cent after it provided positive earnings outlook for the second quarter.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 15. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Tokyo: Stocks close higher[TOKYO] Tokyo stocks closed moderately higher on Tuesday, led by gains in high-tech shares, as investors took heart from rallies on Wall Street. Read more at The Business Times.
ソース: BusinessTimes - 🏆 15. / 51 続きを読む »