European markets off lowest levels in a month
Meanwhile, the dollar is set for its worst month in a decade against a basket of currencies
31 July 2020 - 11:14
London — European shares recovered from their lowest levels in a month on Friday, as investors looked past a severe economic contraction in Germany and on to company earnings, while the euro reached its highest in more than two years, set for its best month in a decade.
The pan-European Stoxx 600 rose 0.74%, though it was on course to end the month flat or lower. Technology shares propped up the rally, rising 1.6% after Wall Street’s tech giants, Apple, Amazon and Facebook, reported forecast-beating results overnight...
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