European markets head for lower open as protests, virus concerns linger

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European stocks are expected to open lower Monday amid anti-racism protests and concerns over a resurgence of the coronavirus in Asia and the U.S. as lockdowns are eased.

. Texas and North Carolina reported a record number of virus-related hospitalizations Saturday.

Meanwhile, protests against racism and police brutality, that started following the death of George Floyd in police custody in Minneapolis last month, continued in the U.S. and Europe. Tensions have risen further after the death of Rayshard Brooks, a black man killed by a white police officer in Atlanta on Friday. The Fulton County Medical Examiner's office said on Sunday that the death was a homicide, Reuters reported.

In Europe, attention will also be on travel restrictions being lifted between most European countries on Monday while in the U.K., nonessential shops are allowed to reopen as long as social distancing measures are in place.gives a second-quarter sales update and the euro zone's trade balance for April is released.

 

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Concerns over the completely ruined financial system linger, too. Mountains of debt and risk bombs, excess capital depleted by govt over decades, and a smoking printing press and debt issuance like a fire hose. Those are far more concerning that what you listed.

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