European stocks back as favourites as economies re-open smoothly
Share:
LONDON (Reuters) - European stocks are back to being favourites as the absence of a major second wave of coronavirus infections has helped ramp up re-opening plans, a boost to the region's economically sensitive cyclical sectors.Risk assets across the world have rallied since March as governments and central banks announced unprecedented stimulus to ward off economic damage from lockdowns and gave a green light to opening economies in phases.Europe has now recovered two-thirds of the losses..