Rising US Covid Cases To Keep Risk Sentiment In Check
Fiona Cincotta June 26, 2020 7:06 AM
After a strong close on Wall Street, European stocks are looking to play catch up, although grim coronavirus statistics and growing fears over a second wave will keep risk sentiment in check.

After a strong close on Wall Street, European stocks are looking to play catch up, although grim coronavirus statistics and growing fears over a second wave will keep risk sentiment in check.
Oil extends gains, but remains cautious
After steep falls mid-week, oil continued its recovery, extending gains amid hopes of continued fuel demand recovery. Satellite traffic data from China, US and Europe is showing growing levels, boosting optimism surrounding fuel demand. Gains will remain capped as concerns surrounding oversupply linger following EIA inventory data showing a much bigger than expected inventory build, supporting a similar find from API data earlier in the week.
FTSE Chart
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