Equity markets react to ‘real’ sell-off after Fed pessimism

Sam Kerr

June 11, 2020 12:45 PM

(200611) -- BEIJING, June 11, 2020 (Xinhua) -- Photo taken on June 10, 2020 shows the live broadcast of U.S. Federal Reserve Chairman Jerome Powell's address during a press conference in Washington D.C., the United States. The U.S. Federal Reserve on Wednesday kept its benchmark interest rate unchanged at the record-low level of near zero amid mounting fallout from the COVID-19-induced recession, and projected interest rates to remain at the current level through at least 2022. (Xinhua/Liu Jie) | Liu Jie/Xinhua News Agency/PA Images

Equity capital market participants were in a gloomy mood on Thursday as global equity indices fell in response to the pessimistic tone from the US Federal Reserve. However, European markets remain open for primary capital raising transactions.

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Equity IPOs Health and Biotech Equity UK Americas EMEA Coronavirus ABBs-Block Trades United States Europe Follow-ons and Rights issues North America SRI

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Sam Kerr