LIVE MARKETS-Morning call: Europe's elusive rebound
Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London.
MORNING CALL: EUROPE'S ELUSIVE REBOUND (0633 GMT)
Will European stocks miss out on the rebound again?
It's likely by the look of futures this morning which are just slightly up.
Bourses on the old continent closed in the red yesterday only to see Wall Street bounce back overnight.
But growing scepticism about Washington's stimulus package to fight the coronavirus outbreak knocked the steam out of the rally before it could cross the pound.
Asian stock markets closed in the red and U.S. futures are now trading over 2% down.
On the bright side (so to speak), oil prices climbed for a second day which might ease sentiment a tad.
(Julien Ponthus)
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(Reporting by Danilo Masoni, Joice Alves, Julien Ponthus and Thyagaraju Adinarayan)