Travel stocks tumble on Spanish quarantine rules – live updates 

Travel shares tumble on Spanish quarantine policies – dwell updates 

Good morning. The FTSE 100 is established to start the week marginally in the eco-friendly despite expanding fears about a resurgence of coronavirus in Europe and the simmering tensions in between the US and China.

Today also kicks off what will be a very chaotic week for earnings in Europe and the US.

5 items to start out your working day    

1) Airline regulators are predicted to this week launch a crackdown on carriers which have failed to refund families for flights cancelled because of to coronavirus, as the sector reels from new limitations around Spain. The Civil Aviation Authority is comprehended to have drawn up a list of the worst culprits, with tens of millions of prospects still owed billions of pounds immediately after being instructed they could not fly. 

2)  Europe’s recovery deal is presently slipping aside. The EU Restoration Fund was not made for instant liquidity challenges, writes Ambrose Evans-Pritchard. Italy is already warning that the cash will not occur before long enough to avert an autumn liquidity squeeze. 

3)  Double-glazing salesmen say Rishi Sunak’s green properties giveaway has backfired and set more than 10,000 work opportunities at hazard. The scheme was introduced before this thirty day period but will not appear into force right until September, landing a huge blow on the industry because opportunity buyers are holding off until finally it commences, bosses said 

4)  Could are living stream browsing modify on line retail for fantastic? The searching channel has been mainly unaltered because it emerged in the heady consumerism of Eighties America, hooking in 1000’s of viewers determined for every little thing from a new fridge to a necklace. Now, having said that, the digital entire world is finally catching up. 

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5) Trade groups warn of Brexit paperwork pile-up. Ministers reported before this calendar year that about 50,000 more non-public sector team would be necessary to satisfy customs demand when Britain still left the solitary sector, though this could be lessen if a trade deal was struck.

What occurred overnight 

Asian stock markets were blended and gold surged to a document value on Monday amid US-China tensions and concern a restoration from the coronavirus pandemic may possibly be weakening.

Tokyo declined even though Shanghai and Hong Kong swung between gains and losses. Australia advanced.

The Nikkei 225 in Tokyo fell .5pc to 22,629.30 while the Shanghai Composite Index was very little-altered at 3,197.47. The Dangle Seng in Hong Kong dropped .1pc to 24,668.14.

The Kospi in Seoul innovative 1.1pc to 2,226.56 and Australia’s S&P-ASX 200 was off underneath .1pc at 6,022.90. New Zealand missing .4pc while Singapore and Jakarta state-of-the-art.

Gold jumped $30 to a file $1927.60 for each ounce in a indication investors had been wanting for safe havens to park dollars.

Coming up currently

Interim outcomes

Ascential

Economics

Ifo organization local weather index (Germany)

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