Day: October 27, 2020

Euro coins and banknotes on the European flag.

European Stocks Struggle, Balancing Earnings with Virus Wave

European stocks grappled on Tuesday, with investors balancing the generally stronger-than-expected Q3 earnings results with concerns about rising coronavirus cases.  In the previous session European stocks slipped further after their biggest fall since September. Concerns over the worsening pandemic intensified. The Stoxx Europe 600 SXXP, -0.45% dropped 0.7%, after a 1.8% tumble on Monday. Moreover, …

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news and charts

MARKET NEWS AND CHARTS FOR OCTOBER 27, 2020

GBPCHF The British Pound will advance against the safe-haven Swiss franc in coming sessions. Last Friday’s retail sales reports, October 23, posted impressive numbers that regained investors confidence on the world’s 5th largest economy. MoM report increased by 1.9% against the 0.4% expectations. Meanwhile, the year-over-year result almost doubled from its prior result of 2.7% …

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