European stocks slip as hope for vaccine fades
Equities are weaker while gold gains after a report flags lack of detail on Covid-19 vaccine trial
20 May 2020 - 11:51
London/Singapore — European stocks slipped lower on Wednesday and gold gained as a sceptical press report undermined some of the hope for a Covid-19 vaccine and the concern about obstacles to a recovery from the pandemic returned.
Italian bonds sustained their multi-week lows, continuing to gain from a Franco-German plan for a €500bn coronavirus recovery fund, ignoring a hawkish counterproposal in the works...
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