Europe Higher, Boosted by Deutsche Telekom, Covestro
By Ritu, Capital Sands European stock markets pushed higher Wednesday, helped by strong earnings from index heavyweight Deutsche Telekom , while market participants looking to central banks to mitigate the damage caused by the outbreak of the coronavirus in China. The U.K.’s FTSE index traded 0.8% higher, France’s CAC 40 was up 0.5%, while the DAX was 0.4% higher. The […]
Dollar shines against Euro, riskier peers as virus hit widens
By Administrator_India Capital Sands The dollar stood tall over the languishing euro and heavily sold exporter currencies on Wednesday, as investors reckoned with a deepening economic fallout from the coronavirus. The new coronavirus has caused 2,004 deaths in China and infected more than 74,000 people, while measures to contain it have paralyzed the economy and […]