Risk Off Mood Gains Momentum

Read the article on FBS website

2020_08_14_12_39_44_Template2.pptx_AutoRecovered_PowerPoint.png

AUDJPYH4.png

2020_08_14_12_45_11_Template2.pptx_AutoRecovered_PowerPoint.png

USDCHFH4 (1).png

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.

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.