Tuesday, 26 May 2020 14:24 WIB
European stocks opened higher on Tuesday, tracking positive global market sentiment as optimism grows that a coronavirus vaccine can be found.
The pan-European Stoxx 600 jumped 1.1% at the start of trading, travel and leisure stocks adding 2.5% to lead gains as all sectors and major bourses headed into positive territory.
European stocks are following the positive trend set in Asia, where...
Friday, 22 May 2020 13:44 WIB
A nationwide lockdown due to the coronavirus outbreak triggered a record fall in U.K. retail sales in April, the Office for National Statistics reported Friday.
The volume of sales fell 18.1% in April on the year, the biggest monthly drop on record, following a slide of 5.2% in March. All sectors saw a monthly decline in volume sales except for a record rise in sales for non-store retailing of...
Tuesday, 26 May 2020 15:22 WIB
The euro got a boost on Tuesday from a weaker dollar as growing optimism about a global recovery from the COVID-19 pandemic supported riskier currencies.
The moves, however, lacked the exuberance of the equities market as Sino-U.S. tensions kept the mood in check.
The euro was last up 0.4% at $1.0935, while the dollar was down by 0.2% against a basket of currencies at 99.50.
The mood among...