Global markets show cautious recovery on G7 stimulus signals
The ECB says it stands ready to take measures to alleviate the coronavirus effects and Australia's central bank has already cut its interest rate
03 March 2020 - 12:17
London — Global stocks and commodity markets extended a tentative recovery from their coronavirus slump on Tuesday, as global policymakers signaled a united front to address the economic fallout from the spreading outbreak.
Europe’s main bourses climbed 2% or more in early trade in London, Frankfurt, Paris and Milan. MSCI’s world stocks index rose 0.5%. Finance ministers from the G7 and central bank governors will hold a conference call on Tuesday (at noon GMT) to discuss measures to deal with the outbreak...
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