European markets head for lower open as coronavirus weighs on sentiment

cnbc2021-01-05

KEY POINTS London’s FTSE is seen opening 25 points lower at 6,554, Germany’s DAX 54 points lower at 13,682, France’s CAC 40 20 points lower at 5,571 and Italy’s FTSE MIB 112 points lower at 22,048, ...

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In a televised address Monday night, Prime Minister Boris Johnson warned that the weeks ahead “will be the hardest yet.” Hopes are being placed on the speedy rollout of the Pfizer/BioNTech vaccine, and Oxford University-AstraZeneca’s vaccine,that began on Monday.\nGermany is also expected to extend its own lockdown measures later Tuesday. According to media reports, the current restrictions — which include the closure of schools, retailers and restaurants — are all set to continue until at least the end of January.\nIn Asia, shares of Chinese telecommunications giants surged in Tuesday trade after the New York Stock Exchange announced it will no longer delist three firms. Shares inother Asia-Pacific marketsovernight, however, traded lower.\nMeanwhile, U.S. stock futures held steady in overnight trading after a sharp sell-off on Wall Street kicked-off 2021. The broad market comes ahead of Tuesday’s Georgia runoff elections, which will determine whether Republicans can hold on to control in the Senate. Rising Covid-19 cases globally and new lockdown restrictions are also keeping investors on edge.\nOn the data front in Europe on Tuesday, Germany releases unemployment data for December. Corporate releases come from retailersMorrisonsand Next, both due to publish Christmas trading statements, and Nielsen publishes the latest U.K. supermarket share figures.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"claudebot","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1184330066"}