European stocks jump as Covid-19 deaths slow across hardest-hit areas ...United Arab Emirates

Economy by : (Russia Today) -
Stock markets gained on Monday on the positive news that the coronavirus pandemic may be slowing down in some parts of the world, giving hope to investors that global business will resume. German stocks lead European gains with the DAX index growing more than four percent. France’s CAC 40 was up three percent, while Britain’s FTSE 100 rose over two percent. Stock markets also rose strongly across Asia, finishing higher in Japan, Australia, Hong Kong and South Korea. Markets in mainland China were closed for a public holiday. “Like the rest of the world, financial markets are searching for any slivers of hope,” Jeffrey Halley, senior ma

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