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European Stocks Open Cautiously as Recession Fears Cool


Tuesday, 20 August 2019 14:38 WIB

Stoxx 600Saham Eropa


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European stocks opened mixed on Tuesday as hopes for monetary policy stimulus temper investor anxiety over an impending recession.

The pan-European Stoxx 600 edged just above the flatline after the opening bell at 373.85, food and beverages performing well with a 0.4% rise while basic resources slid 0.7%.

Finnish central bank governor Olli Rehn said on Monday that the European Central Bank (ECB) was determined to act if the medium-term inflation outlook continues to miss its target of below but close to 2%.

Source : CNBC


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