also fell overnight on Thursday following the Wall Street plunge, with South Korean and Australian stocks both falling by around 1.7% to lead losses.
Back in Europe, focus Thursday will shift to the ECB's interest rate decision at 12:45 p.m. London time, while October's final consumer confidence and industrial, economic and services sentiment readings for the euro zone are due at 10 a.m. The U.K. on Thursday is expected to lambast both the EU and U.S. over their "pernicious" trade practices as the country looks to secure post-Brexit trading arrangements with both key allies.on Thursday posting a 38% fall in net profit for the third quarter, as the coronavirus pandemic and "significant foreign exchange headwinds" weigh on the bank's earnings.
Net income attributable to shareholders came in at 546 million Swiss francs , significantly below the 679 million Swiss francs that analysts had expected, according to Reuters Eikon.
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ECB is set to hold fire and signal more easing in December amid lockdown fearsEconomic data is deteriorating once again, with the Flash PMI for the Eurozone hitting a four-month low. good luck
Source: CNBC - 🏆 12. / 72 Read more »
ECB to pave way for more stimulus as recession fears growThe European Central Bank is expected to resist pressure to unveil fresh stimulus measures on Thursday but it will likely pave the way for action in December as fresh restrictions aimed at containing the coronavirus pandemic fuel fears over a new recession.
Source: Reuters - 🏆 2. / 97 Read more »
France and Germany thrust into lockdown as second COVID-19 wave sweeps EuropeFrench President Emmanuel Macron and German Chancellor Angela Merkel ordered their countries back into lockdown on Wednesday, as a massive second wave of coronavirus infections threatened to overwhelm Europe before the winter. Winter is coming Moronic decision that will set these countries back decades. And Germany had a mask mandate.....
Source: Reuters - 🏆 2. / 97 Read more »
France and Germany plunge back into lockdown as second COVID-19 wave sweeps EuropeFrench President Emmanuel Macron and German Chancellor Angela Merkel ordered their countries back into lockdown on Wednesday, as a massive second wave of coronavirus infections threatened to overwhelm Europe before the winter. It's already in the pork people eat. Beef I don't know but Cattle probably carry it. Race Horses are kept away from it for some reason. what would be the public reaction
Source: Reuters - 🏆 2. / 97 Read more »
Covid-19: Germany and France announce new lockdowns as coronavirus cases spike in Europe'We must act, and now, to avoid an acute national health emergency,' Chancellor Angela Merkel said while announcing Germany's four-week shutdown. Trying to avoid the cold lmfao. Totally worth destroying the economy over 😆 Bobulinski If she thinks we have an acute national health emergency, let her come here. The president of this country willingly and willfully is creating superspreader events guaranteed to make innocent people sick. Some will die for no reason other than his sick vanity and ego.
Source: NBCNewsHealth - 🏆 707. / 51 Read more »
Germany and France prepare new lockdowns as COVID sweeps EuropeGermany and France were preparing to announce restrictions approaching the level of last spring's blanket lockdowns on Wednesday as COVID deaths across Europe rose almost 40% in a week, while financial markets tumbled on fears of the likely economic costs. Brasil tomorrow. Chinese communist viral Jihad against westerns like Erdogan-Imran jihad against Islamophobia.
Source: Reuters - 🏆 2. / 97 Read more »