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Europe close: Stocks up despite wariness about premature lockdown liftings
Lenders' shares paced the advance on the Continent as the number of Covid-19 infections and deaths continued to slow in most countries, paving the way for governments to gradually ease their lockdown measures.
IAG announces up to 12,000 redundancies in wake of Covid-19 crisis
International Airlines Group announced thousands of redundancies in anticipation that the recovery in international air traffic might take several years.
Wednesday preview: US Federal Reserve, Astra Zeneca in focus
The focus in the middle of the week will be on the US central bank with investors keen to know the Federal Reserve's take on the current state of economies and financial markets around the world.
US consumer expectations improve in April, Conference Board says
The US consumer was blindsided by the Covid-19 pandemic as reflected in a closely-followed confidence gauge.
US house price inflation accelerated heading into pandemic, FHFA says
House price inflation in the US rose more quickly than expected heading into the Covid-19 pandemic with prices rising in all major urban areas.
US goods trade deficit yawns wider in March
America's shortfall on trade in goods with the rest of the world yawned wider still last month amid a sharp drop in exports.
Europe midday: Lenders' shares pace advance as infections slow, governments ease lockdowns
Stocks on the Continent were moving higher led by lenders' shares as the number of new Covid-19 infections continued to slow on both sides of the Atlantic, even as the world's health watchdog warned of the epidemic's expansion in the southern hemisphere and Eastern Europe.
Deutsche Bank names IAG as short-term 'buy' in anticipation of recovery
Analysts at Deutsche Bank touted shares of International Airlines Group as a short-term buy idea after their valuation fell below their long-term average and in anticipation of a recovery in earnings coming out of the Covid-19 induced recession.