European Stocks Finish Higher
European stocks ended on a positive note today, with the Stoxx Europe 600 index rising 0.62% to 460.76. The FTSE 100 index increased 0.64% to 7,453.69, the French CAC 40…
Post-Election Markets Pricing to Shift to Vaccine Progress and Growth Outlook – Goldman
Goldman strategists believe that the financial markets have moved a long way towards pricing in the U.S. election outcome, according to Bloomberg. The strategist points out that attention is now…
ECB Expects Negative Eurozone Growth in the Fourth Quarter
European Central Bank Vice-President Luis de Guindos expects the Eurozone growth to be negative in the fourth quarter, according to Reuters. The negative growth is attributed to fresh restrictions imposed…
Eurozone Banks set to Tighten Credit Access despite Pandemic Concerns
Eurozone banks tightened corporate credit access in Q3 and will curtail further as worries of a fresh wave of coronavirus infections rise, according to European Central Bank’s press release. Credit…
The U.S. Leads Economic Upturn, as Europe Stagnates on Virus Containment Measures
Flash PMI data for the G4 developed economies remained largely unchanged in October as rising COVID-19 restrictions slowed recovery, especially in the service sector, according to IHS Markit. In the…