New Overnight Developments Abroad - Daily Update
Risk Aversion Rekindled by Downbeat Economic Forecast and Data as Well as Covid-19’s Relentless Spread
July 7, 2020
Major stock markets in Europe show losses so far today of 1.2% in the U.K. and Germany and 1.0% in France and Spain. Equities closed down 1.4% in Hong Kong, 1.1% in South Korea and Singapore, and 0.4% in Japan. U.S. futures suggest that at least half of Monday’s strong rise in equity prices will […] More
