Global stocks limp higher after Wall Street indexes crashed the most since June, but tougher COVID-19 rules in Europe and the US election cap gains | Markets Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Global stocks limp higher after Wall Street indexes crashed the most since June, but tougher COVID-19 rules in Europe and the US election cap gains

, the eurozone is now at the forefront of concerns around end-demand leaning against global risk sentiment, Innes said.Here's the 6 killer pieces of advice for trading European stocks after the US election, from investment giants UBS and Barclays

Although the new measures to restrict movement have hit stocks and oil hard, this effect may prove to be fairly short-lived, according to UBS. "While local restrictions to control the pandemic will be a drag on growth, we see several reasons to expect the effect is likely to be more limited than in the first half of the year," said Mark Haefele, chief investment officer at UBS Global Wealth ManagementAs a result, we believe the setback to risk assets is likely to be relatively short-lived and investors should stick to their financial plan. We continue to see upside over the medium term.

With ten vaccine candidates in late-stage trials globally, UBS expects restrictions to be lifted by the second quarter next year, which would help corporate earnings recover to pre-pandemic levels by the end of 2021. The Swiss bank also expects another sizeable fiscal stimulus to pass regardless of who wins the presidency.that Joe Biden would"consult allies" on the future of US tariffs on China if he gets elected.

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:

 /  🏆 729. in MY
 

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

horrible

Education Minister Dan Tehan wants micro-credentials to be a permanent fixture for Australian education system $OLL STOCKHEAD GROWTH OpenLearning Top ASX Stock Picks for October🚀

CEO Adam Brimo explains all about the new fantastic financial news happening now with, OpenLearning ASX: $OLL Chart's and more for $OLL🚀 OpenLearning Stock Forecast, 'OLL' Share Price Prediction Charts

ASX STOCK OPENLEARNING: $OLL Link to the updated news: capital raising, 4th quarter announcement and more Economic recovery will be from an educated upskilled workforce Economic downturns lead to upturns in demand for Education

UNSW to launch fully online prep course for international students OpenLearning partners with UNSW to deliver next generation of online higher education OpenLearning partners with UNSW to deliver Program

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks sink on Wall Street as virus cases continue to spreadStocks open sharply lower on Wall Street as virus cases spread and as European countries move toward imposing more restrictions. Crude oil prices fell sharply on expectations that demand for energy would weaken even more. 232,101 dead and counting. Let us never forget or forgive Trump's virus denial- PLEASE VOTE 1/22 We have it totally under control. 2/28 this is their new hoax 6/17 It’s fading away 6/18 Numbers are starting to get very good 7/19 It’s going to disappear 8/3 It’s under control The Trump2020 National Debt, Jobs and Covid Scorecard with (6) days left before Election: TrumpVirus VoteBlueToSaveAmerica TrumpLiedAmericansDied realDonaldTrump is running our country's economy like his own businesses: into the ground.
Source: AP - 🏆 728. / 51 Read more »