Premarket: World stocks pause before key EU meeting on coronavirus aid

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Premarket: World stocks pause before key EU meeting on coronavirus aid GlobeInvestor

This translation has been automatically generated and has not been verified for accuracy.Caution gripped markets on Thursday, with stocks falling before a key Euro group meeting to discuss joint stimulus measures, offsetting optimism from a fresh round of U.S. coronavirus aid and a recovery in oil prices.

Adding further pressure were business activity surveys in the euro zone that showed economies suffered massive blows from the coronavirus outbreak and measures to contain it. “Frankly, if we saw a full agreement today that would be a surprise, but progress and something that Italy can sign up to will be the key,” Jim Reid, a strategist with Deutsche Bank, said.

 

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Oil prices keep crumbling, stocks around the world tumbleThe people are returning to greener ways and there was very pollution when they were using vehicles and taking petrol at high prices now they want to live in this air where not only they bit the birds are taking a breathe of oxygen... And yet at the pump no change the prices still at the old price. Gas in my area has risen 12 cents/liter in my area in the past 2 weeks. 64.9 cents. now 76.9 cents/liters. Keeps going up.
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