LONDON, (APP/AFP) – European stock markets fell
at the start of trading on Wednesday, as the ECB prepared to launch
radical stimulus measures aimed at boosting economic growth in the struggling eurozone.
It comes as a worried World Bank slashed its growth forecast
for the global economy Tuesday, saying advanced economies were
rebounding more slowly than expected and that low commodity prices
continued to hurt other countries.
However official data Wednesday revealed that China’s
imports decreased in May at the slowest pace in more than 18 months
— in a possible sign domestic demand in the world’s second-largest
economy may be recovering.
Business News
European stock markets fall at open
