Stocks jump despite record slump for Chinese GDP - business live

Rolling coverage of the latest economic and financial news as the Chinese economy contracted for the first time on record following the Covid-19 outbreak

• China economy shrinks for first time as Wuhan Covid-19 death toll jumps

8.04am BST

Here we go: Germany’s DAX opens higher by +2.9%

8.01am BST

And we’re off! European indexes are trading higher across the board.

We’re still waiting for a print from the German DAX, but here’s how we’re looking so far:

Continue reading...

from The Guardian https://ift.tt/2xCQCNx