Risk Off Mood Gains Momentum
Midday Market View
European stock markets traded lower Friday, with travel stocks weighing after Britain added more countries to its quarantine list while Chinese data suggested a slow economic recovery.
Midday Key Point
- Austria reports 282 new coronavirus cases, highest daily count since April.
- Eurozone Q2 GDP second reading comes at -12.1% vs -12.1% q/q prelim.
- Major currencies little changed even as stocks stay pressured on the session.