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Europe close: Stocks drop sharply amid oil price rout
Stocks on the Continent finished sharply lower as investors tried to fathom what might lie in store next for oil markets following another day of sharp losses.
Wednesday preview: US oil inventories, Fevertree in focus
Investors' focus on Wednesday will remain firmly on the oil patch where the US Department of Energy will release its weekly inventory statistics.
Trump calls for relief for US oil and gas industry, OPEC calls meeting
US President Donald Trump reiterated his support for America's oil and gas industry on Tuesday, saying his administration was working on relief measures for the sector.
Citi stays at 'buy' on Meggitt, says market too downbeat on long-term prospects
Analysts at Citi reiterated their 'buy' recommendation for shares of aerospace and defence subsystems manufacturer Meggitt, telling clients that markets were too downbeat on long-term growth in the sector and the company's competitive position.
Existing US home sales fall below forecasts in March
Activity in the US housing market slowed a bit more quickly than expected last month led by a big drop in sales in the West.
Europe midday: Oil patch weakness offsets news Italy to 'significantly' ease lockdown
Stocks on the Continent had fallen further into the red in early afternoon trading as investors tried to fathom what might lie in store next for oil markets after the previous day's rout in prices.
BofA hikes target for gold 18 months ahead by half
Strategists at Bank of America hiked their target for gold prices in 18 months' time by half in anticipation of central banks and governments doubling the size of their balance sheets and fiscal deficits, respectively.
Italy to significantly ease lockdown from 4 May, Conte says
Italian authorities will ease the Mediterranean country's lockdown measures significantly, possibly as soon as in a fortnight.
Europe open: Stocks caught in downdraft from oil price collapse
Stocks on the Continent are trading lower, dragged down by the oil patch as markets price-in the reality of several months of exceedingly weak global oil demand.