Rolling coverage of the latest economic and financial news, including the latest eurozone growth figuresLatest: Eurozone growth weakens to 0.1%Table: How Germany compare with UK, US….Breaking: German GDP flatlined in October-DecemberGerman economy only grew 0.6% in 2019ING: Germany at risk of recession 1.52pm GMT Wall Street is expected to post fresh gains today, despite the uncertainty created by Covid-19.Mihir Kapadia, the CEO of Sun Global Investments, says:“With the coronavirus death total now reaching 1,000 and looking likely to go much higher, Asian shares have nevertheless followed yesterday’s Wall Street rally as factories begin to re-open across China.Asia-Pacific shares outside Japan rose 0.9%, with Shanghai blue chips gathering momentum by reaching 0.8%. The Japanese Nikkei market was closed due to a public holiday. In Europe, stocks are also higher the FTSE up 0.7%.US Opening Calls:#DOW 29480 +0.19%#SPX 3385 +0.29%#NASDAQ 9633 +0.38%#RUSSELL 1698 +0.31%#FANG 3746 +0.52%#IGOpeningCall 1.36pm GMT For days, investors have been fluctuating between panicking about the coronavirus, and persuading themselves that the crisis is abating.Today they’re in a calm mood, pushing stocks in Europe up to new record highs. Related: Channel 4 worker taken to hospital for coronavirus test Continue reading…
Via: German economy stagnates as eurozone growth hits seven-year low – business live
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…