Daily Briefing: - European shares edge lower after weaker-than-expected business activity data from France - Oil gains more than 1% on Saudi supply doubts and Mideast tensions - Asian shares ease on geopolitical tensions
after last week’s quarter-point U.S. interest rate cut left markets underwhelmed about the Federal Reserve’s commitment to further monetary easing.
UK PM Boris Johnson will meet with European Union leaders at the United Nations General Assembly in New York this week but said aThe Thomas Cook collapse also hit sentiment as the UK Civil Aviation Authority sets about getting roughly 150,000 stranded tourists home in the biggest peacetime repatriations of UK citizens.Airlines, which could be supported as Thomas Cook’s collapse is expected to remove over-capacity.
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