Global stocks sink as US virus concerns offset Europe rebound hopes | Malay Mail

📆 27/06/2020 11:24:00
📰 malaymail

⏱ Reading Time:
29 sec. here
2 min. at publisher
📊 Quality Score:
News: 15%
Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

NEW YORK, June 27 ― Global equities sank and perceived safe-haven assets like US Treasuries and gold gained yesterday as investors weighed hopes that Europe will continue to rebound from the coronavirus pandemic's economic damage against concerns over a record surge in new Covid-19 infections in...

Saturday, 27 Jun 2020 07:32 AM MYT

The euro zone is “probably past” the worst of the economic crisis, European Central Bank President Christine Lagarde said, while urging authorities to prepare for a possible second wave. “Even though we continue to see some pretty scary virus numbers coming out of the US, it's not really dented sentiment ― not to any sustained degree at least,” said Timothy Graf, head of macro strategy for EMEA at State Street Global Markets.

Spot gold added 0.5 per cent to US$1,769.63 an ounce. US gold futures gained 0.15 per cent to US$1,772.50 an ounce.

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:

Write Comment

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Europe, US stocks overcome Covid-19 worries to partially recoverRecent surge across world markets show signs of stalling as virus sees a resurgence. FMTNews Covid19 Markets Stocks
Source: fmtoday - 🏆 5. / 72 Read more »