Saturday, 27 Jun 2020 07:32 AM MYT
The euro zone is “probably past” the worst of the economic crisis, European Central Bank President Christine Lagarde said, while urging authorities to prepare for a possible second wave. “Even though we continue to see some pretty scary virus numbers coming out of the US, it's not really dented sentiment ― not to any sustained degree at least,” said Timothy Graf, head of macro strategy for EMEA at State Street Global Markets.
Spot gold added 0.5 per cent to US$1,769.63 an ounce. US gold futures gained 0.15 per cent to US$1,772.50 an ounce.
Source: News Formal (newsformal.com)
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:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US, Europe pushed 'to the brink' by virus resurgenceGovts still struggle to balance public health needs with the devastating economic impact. FMTNews Covid19 Health
Source: fmtoday - 🏆 5. / 72 Read more »
US, Europe battle fresh Covid-19 surges | New Straits TimesWASHINGTON: The United States on Thursday battled a resurgence of Covid-19 coronavirus cases in a number of states including Texas, while the World Health Organisation warned that several European countries were also facing dangerous upticks.
Source: NST_Online - 🏆 17. / 53 Read more »
Europe, US stocks overcome Covid-19 worries to partially recoverRecent surge across world markets show signs of stalling as virus sees a resurgence. FMTNews Covid19 Markets Stocks
Source: fmtoday - 🏆 5. / 72 Read more »
Trump administration asks US Supreme Court to end Obamacare | Malay MailWASHINGTON, June 26 — US President Donald Trump’s administration asked the Supreme Court Thursday to strike down Obamacare, which has provided health insurance to tens of millions of Americans. The third challenge to the landmark law, formally known as the Affordable Care Act, comes as the...
Source: malaymail - 🏆 1. / 86 Read more »
'The money's gone': Wirecard collapses owing US$4b | Malay MailFRANKFURT, June 26 ― Wirecard collapsed yesterday owing creditors almost US$4 billion (RM17.1 billion) after disclosing a gaping hole in its books that its auditor EY said was the result of a sophisticated global fraud. The payments company filed for insolvency at a Munich court saying that, with...
Source: malaymail - 🏆 1. / 86 Read more »
Fifa agree massive US$1.5b Covid-19 relief plan | Malay MailLAUSANNE, June 26 — Fifa announced on Thursday that it had agreed a US$1.5 billion (RM6.4 billion) relief plan to help deal with the impact of the Covid-19 pandemic on the global game. Fifa’s plan means world football’s governing body will dip into its reserves to provide national federations...
Source: malaymail - 🏆 1. / 86 Read more »