News Formal

European stocks seen lower on Brexit stalemate as investors await ECB meeting

  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

European stocks were seen lower Tuesday morning after U.K. Prime Minister Boris Johnson lost a second bid to hold an early election but reiterated his pledge to leave the EU on October 31. Investors also have one eye on an impending meeting of the ECB, with markets hopeful of a monetary stimulus package on Thursday.

Johnson vowed Tuesday that he would not request an extension to Brexit, hours after a new law came into force demanding that he delay Britain's departure from the EU until January 2020 unless he can secure a new Withdrawal Agreement with the bloc.

Investor focus is also attuned to an impending ECB decision, with markets hoping for a fresh stimulus package to be announced Thursday in a bid to boost the beleaguered euro zone economy.

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:

 /  🏆 12. in NG
 

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

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.

Bond prices dip on German spending plan as stocks await ECBBond prices edged lower on Tuesday after German bund yields hit a one-month high...
Source: Reuters - 🏆 2. / 97 Read more »

European stocks seen mixed as investors eye Brexit battle and stimulus hopesEuropean stocks were seen opening mixed Monday morning as investors monitor ongoing political chaos in the U.K. and cautious hopes for policy stimulus from the world's major economies after a series of weak data releases.
Source: CNBC - 🏆 12. / 72 Read more »