European stocks set to jump as monetary and fiscal measures mount

  • 📰 CNBC
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

European markets are set to open sharply higher Friday after a volatile week, as central banks and governments around the world adopt a 'whatever it takes' approach to the coronavirus pandemic.

is enjoying its strongest week since the financial crisis and hammering currencies around the world, as investors continue a dash to cash in anticipation of a possible global recession.Italy's death toll surpassing that of ChinaIn corporate news, airlines continue to be crushed by falling demand amid the outbreak and associated border shutdowns. German carrierhas grounded most of its fleet, and on Thursday warned that the industry may not survive the pandemic without government bailouts.

On the data front, German inflation figures are set for release at 7 a.m. London time before euro zone current account numbers at 9 a.m.

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 US
 

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

Woohoo let's hope we can finally escape the deflation trap

United States United States Latest News, United States United States Headlines