Indices Fluctuated In Europe Due To Quarantine Restrictions

Indices Fluctuated In Europe Due To Quarantine Restrictions Indices fluctuated in Europe due to quarantine restrictions. The announcement of the partial quarantine decision across the country due to the rapid increase of cases in the coronavirus epidemic by France and Germany caused European indices to experience the worst daily decline since the end of September. European stocks were mixed with the impact of the second quarantine decisions on the decision day of the European Central Bank. European stocks had their worst daily decline since the last days of September on Wednesday. Germany and France reported that they were returning to quarantine restrictions in order to reduce the second wave effects caused by the epidemic. According to research by Imperial College London, the British government is also under pressure as the number of cases in the country doubles every nine days. Credit Suisse announced on Thursday that its net profit fell 38 percent in the third quarter of 2020, driven by the coronavirus outbreak and "significant currency fluctuations." The European Stoxx 600 saw a 0.2 percent increase in the first part of the trading day, after opening the day with a mixed course. While the technology sector increased 1.1 percent, insurance shares fell 0.9 percent. The markets have a timid impression, with the presidential election to be held in the USA on November 3, rising coronavirus cases in the states, and hopes for the stimulus package. Wall Street had its worst sales in a few months after the Dow Jones index closed the day with a 934 point decrease. Futures are showing a positive opening on Thursday. Following the drop in Wall Street, South Korean and Australian stocks also fell about 1.7 percent. The interest rate decision to be announced by the European Central Bank at 12:45 on Thursday will be the most important topic of the agenda. Britain is expected to criticize both the European Union and the US for "dangerous" trade practices on post-Brexit trade relations on Thursday.