Eurozone GDP: France returns to growth after Covid-19 slump – business live

0
53

Rolling coverage of the latest economic and financial news, including new growth figures from across the eurozone

6.32am GMT

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

Template for today’s GDP data: strong rebound in 3Q by XX, after historic slump in 2Q. Due to new lockdown measures, a contraction in 4Q by YY looks unavoidable. #Eurozone

This week there has been turmoil in European stock markets on account of the jump in the number of new Covid-19 cases and the rise in the hospitalisation rates.

The real damage to market sentiment was on the back of the stricter restriction in countries like Spain, Italy, France and Germany. Broadly speaking, the eurozone’s economic rebound was cooling – the manufacturing and services reports have disappointed.

European Opening Calls:#FTSE 5510 -1.29%#DAX 11381 -1.87%#CAC 4491 -1.72%#AEX 527 -1.40%#MIB 17575 -1.66%#IBEX 6298 -1.77%#OMX 1692 -1.41%#STOXX 2906 -1.81%#IGOpeningCall

Continue reading…

LEAVE A REPLY

Please enter your comment!
Please enter your name here