The FTSE 100 touched its lowest since Dec. 2 in early trading, but clawed back some of its losses to trade down 1.2% as the pound’s 2% drop limited a fall in the exporter-heavy index. [GBP/]
Shell also took a hit from its move to write down the value of its oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year. “We are in the middle of a perfect storm of both COVID-19 and Brexit,” said Stefan Koopman, senior market economist at Rabobank. “It is catastrophic as the entire island is cutoff from the continent and that has repercussions on the market.”
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good luck
i hope this second coronavirus is good because usually the sequels to big hits tend to suck
Project fear that’s all it is 😂