Stock markets continue to slide

European shares have fallen further as fears over the economic impact of the coronavirus pandemic continues to grip the world's financial markets.

US inventory markets had slumped on Monday, with the Dow Jones dropping near 13% and the S&P 500 falling nearly 12%, marking the biggest one-day falls for each indexes due to the fact that "Black Monday" in 1987.

That accompanied the USA Federal Reserve making some other emergency price cut on Sunday, prompting primary banks round the arena to ease coverage in the largest co-ordinated response because the global economic crisis extra than a decade in the past.

Investors are actually concerned that the sector's important banks may also have used most of their ammunition to fight the financial effect of the coronavirus outbreak.

Monday's inventory market falls observe US indexes on Friday seeing their biggest day by day profits considering that October 2008. That came only a day after the Dow suffered what changed into then its largest one-day plunge since the crash in October 1987.