European markets are expected to open higher Thursday morning as investor focus swings to the potential economic recovery and earnings season gets underway.
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European markets head for lower open as coronavirus cases temper recovery hopesEuropean markets are set to open lower Wednesday morning as surging coronavirus cases in parts of the world continue to cast doubt over the prospect of a global economic recovery.
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European markets seen lower as investors look to economic data and U.S. virus surgeEuropean markets are expected to open slightly lower Tuesday as concerns over the threat to economic recovery of new coronavirus cases in the U.S. temper Monday's rally.
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Oil edges lower as U.S. inventory build stokes supply fearsOil prices dipped on Wednesday after industry data showing a build in U.S. crude stockpiles added to worries about oversupply, but hopes for a swift economic recovery in China limited losses.
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Dollar dips as risk sentiment proves elusiveThe dollar dipped slightly on Wednesday as investors weighed hopes for a swift economic recovery against fears about a resurgence in the pandemic, particularly in the United States.
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Stocks Retreat as Investors Fear Rally Was OverdoneStock markets in Europe and Asia were mostly lower as investors grew anxious that the recent rally has gone too far given the patchy economic recovery.
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EU cuts economic forecasts for the region, now projecting a 8.3% slump this yearThe European Commission has slashed its 2020 and 2021 economic expectations as the coronavirus pandemic keeps taking a toll on the 27 economies.
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