Rolling coverage of the latest economic and financial news
- Introduction: EU recovery fund in focus
- Investors doubtful of deal today
- EU summit opens with Covid-19 safeguards
11.28am BST
In China, investors are reeling from the worst week’s losses in four months.
Despite rising 0.6% today, the CSI 300 index has slumped by 4.3% this week – the biggest drop since 16-20 March.
10.42am BST
Economists at ING have drawn up a handy graphic laying out the possible scenarios from the EU summit – and how it might move the markets.
Their base case is that we see “some progress towards a compromise, but no final agreement” this weekend.
Source: Markets hope for progress over EU recovery fund – business live
Category: Business, Stock markets, FTSE, Coronavirus outbreak
