Health & Fitness Coronavirus: European markets swim in the green on pandemic recovery hopes

12:01  19 may  2020
12:01  19 may  2020 Source:   uk.finance.yahoo.com

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Live statistics and coronavirus news tracking the number of confirmed cases, recovered patients, tests, and death toll due to the COVID-19 coronavirus from Wuhan, China. Coronavirus counter with new cases, deaths, and number of tests per 1 Million population.

Europe is now the "epicentre" of the global coronavirus pandemic , the head of the World Health Organization says. Germany's Bundesliga, the only one of the big five European football leagues still being played, is to suspend games in the top two divisions from Tuesday.

a cat lying on top of a grass covered field: Photo: Getty Photo: Getty

Traders remained optimistic that economies and markets will rebound quickly from the impact of the coronavirus pandemic.

The pan-European Stoxx 600 (^STOXX) index, Britain’s FTSE 100 (^FTSE) and France’s CAC 40 (^FCHI), and Germany’s DAX (^GDAXI) all traded slightly in positive territory for another day in a row.

Eurozone stocks gained 0.4% after France and Germany proposed a €500bn (£446bn, $546bn) recovery fund on Monday that would offer grants to European regions and sectors hit hardest by COVID-19. This led to the index performing at its best since 24 March.

The FTSE rose for the third consecutive day as optimistic investors pegged markets for a speedy recovery from the impact of coronavirus. The blue-chip index rose 0.7% in the immediate open to a two-and-a-half week high as news that an early-stage trial of a coronavirus vaccine showed positive signs.

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The European Commission is coordinating a common European response to the coronavirus outbreak. We are taking resolute action to reinforce our public health sectors and mitigate the socio-economic impact in the European Union. We are mobilising all means at our disposal to help our

The coronavirus pandemic is shutting down industrial activity and temporarily slashing air pollution levels around the world, satellite imagery from the European Space “Are we looking at what we might see in the future if we can move to a low-carbon economy? Not to denigrate the loss of life, but this

Strongest gainers were insurers, with specialist insurer Beazley (BEZ.L)> jumped nearly 5% as it £247m ($301.8m) in new capital.

Laggards included the world's largest caterer Compass Group (CPG.L), which fell over 4% after it launched a £2bn ($2.4bn) share offer to boost liquidity. Tobacco group Imperial Brands (IMB.L) tumbled over 6% as it announced plans to cut its dividend by a third and warned of a bigger hit from the COVID-19 crisis in the second half of 2020.

However, any stock rallies were tempered by a range of data and reports out this morning.

READ MORE: Coronavirus: Global leaders fear 'prolonged' recession and mass unemployment

The World Economic Forum (WEF) on Tuesday published a new report examining the medium and long-term risks posed by the COVID-19 pandemic. The report was based on a survey of 350 “senior risk professionals” spanning industries from banking to retail.

Pandemic poses big risk to collateralised loans market - EU watchdog

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Now that restaurants are being closed down for dining in, it leads to the question: How safe is it to get takeout, delivery or groceries from the store in the wake of the coronavirus epidemic?

The Wuhan coronavirus spreading from China is now likely to become a pandemic that circles the globe Epidemiological modeling released Friday by the European Center for Disease Prevention and Control estimated that 75 percent of infected people reaching Europe from China would still be in the

It found that global business leaders fear the legacy of the COVID-19 pandemic will be a “prolonged global recession” and mass unemployment.

Meanwhile, the latest data from the Office for National Statistics (ONS) on Tuesday revealed that unemployment claims surged by 69.1% in Britain swiftly after the coronavirus lockdown began.

It shows the number of claims for jobseekers’ allowance and universal credit claimants looking for work spiked between March and April, reaching 2.1 million.

READ MORE: Coronavirus: UK jobless claims surged 69% as lockdown began

Meanwhile, stocks rose overnight in Asia too. Japan’s Nikkei (^N225), rose over 1%, South Korea’s KOSPI (^KOSPI) and the Hang Seng index in Hong Kong (^HSI) rose around 2%. China’s Shanghai Composite (000001.SS) close 0.8% higher.

Futures were pointing to a rise on the open in the US later on Monday. S&P 500 futures (ES=F) and Dow Jones futures (YM=F) were both trading 1.5% higher and Nasdaq futures (NQ=F) were 1.4% higher at around 4am eastern time.

Swim England Releases Information on Pools Re-Opening After Coronavirus and New Safety Guidelines .
The new Swim England guidelines outline the precautions swimmers should take when returning to the pool :You should not go to the pool if you have any COVID-19 symptoms.You should check your local pool's timetable and swimming guidelines before leaving the house. You should aim to arrive at the pool ready to swim, with your swimming costume or swimming shorts on to minimise time spent in the changing room. Once you have finished your swim, you should leave. Shower at home pre and post swimming.

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