The focus on Tuesday may shift towards fiscal policy as investors digest the measures announced overnight in the euro area, which at least initially were met with a favourable response from some economists.
US stocks recorded heavy losses on Monday after Wall Street trading was halted on when stocks hit "limit down" despite the Federal Reserve launching an extensive monetary stimulus campaign at the weekend aimed at curbing slower economic growth amid the fallout from the COVID-19 outbreak.
Analysts at Canaccord Genuity upgraded their recommendation for shares of Marshalls from 'sell' to 'hold', saying that they expected "modest" profit growth for 2020.
Stock markets across the Continent took another leg lower on Monday despite moves by several of the world's central banks to loosen policy and as G-7 leaders committed to use all tools necessary to return economic growth to its pre-coronavirus crisis level.
Prime Minister Boris Johnson announced a series of new measures on Monday to tackle the spread of the coronavirus.
Leaders from the world's seven most industrialised nations committed to working together to tackle the COVID-19 coronavirus pandemic.
A majority of European countries are planning a strict ban on entry into the 26-state Schengen passport-free zone in an aim to contain the COVID-19 coronavirus pandemic, although it was not immediately clear whether the UK would be offered to participate.
London stocks finished another dismal day well into the red on Monday as investors sifted through a raft of Covid-19 corporate updates, with the Federal Reserve’s latest policy move failing to assuage concerns about the impact of the pandemic.
Analysts at Berenberg slashed their target price on global investment company Standard Life Aberdeen from 343. 0p to 220. 0p on Monday, citing dissonance in dividend and capital creation.
Galliford Try revealed on Monday that chief executive Bill Hocking had acquired 100,000 ordinary shares in the FTSE 250-listed construction firm.
Analysts at Cannacord Genuity upgraded their recommendation for shares of Marshalls from 'sell' to 'hold', saying that they expected "modest" profit growth for 2020.
Shares of Marstons and Mitchells and Butlers were savaged, as the UK government asked Britons to avoid attending crowded venues including pubs and cinemas, although the steepest decline was seen in First Group.
Google is allegedly breaching GDPR rules by sharing users' personal data between its services without asking for specific consent said rival Brave on Monday.
Wall Street trading was halted on Monday after stocks hit "limit down" despite the Federal Reserve launching an extensive monetary stimulus campaign at the weekend aimed at curbing slower economic growth amid the fallout from the COVID-19 outbreak.
The International Monetary Fund said on Monday that it "stands ready" to mobilise its $1trn in lending capacity to help its members deal with the impact of the coronavirus pandemic.
Democratic candidate Joe Biden overtook current US President Donald Trump as the favourite to win the US Presidential election.
Russia-focussed oil and gas exploration and production company PetroNeft announced the successful re-entry of the C-4 well on the Cheremshanskoye field in licence 67 on Monday, and the start of oil sales for all oil produced from the licence.
London’s FTSE 100 was down 4. 4% at 5,129. 74 in afternoon trade on Monday, off earlier lows but still firmly in the red amid growing concerns about the impact of Covid-19.
Quadrise Fuels updated the market on its operations amid the Covid-19 coronavirus pandemic on Monday, having implemented a plan to protect its employees and business as a “pre-emptive, pragmatic and measured” approach to prevailing global events, it said.
GVC Holdings said on Monday that full-year earnings could be hit by as much as £150m if horse racing and football events are cancelled or delayed due to the coronavirus.
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