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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

European stock indices went up

August, 26 2020
watermark Economic news

The European trading session began extremely cautiously, as market participants are awaiting the results of tomorrow's speech by US Federal Reserve Chairman D. Powell and are still afraid of a second wave of coronavirus in October-November.


However, Germany's DAX traded 0.46% higher at 13.122.05, France's CAC 40 rose 0.35% to 5.026.39, and Britain's FTSE rose 0.02% to 6.038.56.


In Europe, there are signs of a renewed wave of Covid-19 diseases. Quarantine restrictions were tightened in Marseille, France yesterday to combat the outbreak. Germany is also worried about the new outlook, with the parties of Germany's ruling coalition agreeing to extend economic stimulus and mitigate the effects of the coronavirus crisis. The new package of assistance measures may amount to 10 billion euros. And the French government intends to unveil its economic recovery plan in early September.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.