Easing of the quarantine in some countries is encouraging for investors

European and Asian markets saw growth.

European markets showed positive dynamics on Tuesday, while more countries are easing quarantine restrictions that have hit the global economy.

London’s FTSE index added 1.3 percent, Paris’s CAC-40 added 1.6 percent, and Frankfurt’s DAX added 0.9 percent.

Earlier on Tuesday, Asian markets also showed positive indicators: Sydney’s S&P/ASX index closed up 2.9 percent, Tokyo’s Nikkei rose 2.5 percent, Hong Kong’s Hang Seng – 1.8 percent, Shanghai-1 percent, Seoul’s KOSPI-1.7 percent, and Taiwan’s TSEC-1.1 percent.

Oil markets also showed gains on Tuesday, with U.S. crude oil trading at $ 34 a barrel, up 2.2 percent, and benchmark Brent crude at $ 36 a barrel, up 2.4 percent.

Meanwhile, futures for the US Dow Jones, S&P 500 and Nasdaq indexes added about 2 percent, which promises a positive opening on wall street after the long memorial day weekend.

The positive mood of investors was helped by the fact that Japan lifted the state of emergency in Tokyo after almost two months, and the Central Bank of China promised to reduce interest rates and “support the development of the real economy.”

Author: Erick West
Graduated from California Institute of Technology. Previously, he worked in various entertaiment media. Currently, it is a columnist of the other news section in the Free News editors.
Function: Editor
E-mail: West.freenews@gmail.live