About: http://data.cimple.eu/news-article/18360d4857b7cd88a117de930018ebb78f9d35ec35ef29cde885177e

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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	European stock markets went into freefall in early deals Monday despite massive fresh central bank stimulus to prop up a global economy battered by the coronavirus outbreak. Paris dived 9.0 percent, Frankfurt plunged 7.8 percent, London and Milan tumbled 7.6 percent, while Spain retreated 8.7 percent. "Central banks led by the US shot off a bazooka of lower interest rates and quantitative easing but it has missed (the) target. Markets are back into freefall," said Jasper Lawler, head of research at traders LCG. "Friday's gains have evaporated and shares are headed deeper into bear market territory. Bank shares are leading the market lower. "The move to cut interest rates down to zero will compress lending margins just as the coronavirus will see the level of non-performing loans skyrocket," he added. Shares in airlines also crashed, with carriers including British Airways, Air France and Iberia saying they were slashing their flight capacity. The US Federal Reserve on Sunday cut borrowing costs to almost zero -- its second emergency cut in less than two weeks -- and unveiled a massive asset-buying programme, similar to measures put into place during the global financial crisis more than a decade ago. On Monday, the Bank of Japan unveiled a series of its own emergency monetary policy measures. bcp/bmm
schema:headline	European stock markets in freefall; Paris down 9%
schema:mentions	Iberian Peninsula Jasper Great Recession Air France Milan British Airways 2010 Tarco Airlines Antonov An-24 crash Federal Reserve Spain Paris London Coronavirus Severe acute respiratory syndrome coronavirus 2 Bazooka Frankfurt Airport Free fall Quantitative easing Monetary policy Economy of Japan The Move Market trend
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-16 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	65 (xsd:integer)

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