Markets-world newseries

Contributed by NAMPA / AFP.

Euro, pound drop as recession prospects grow
ATTENTION - RECASTS, UPDATES throughout, CHANGES dateline ///
London, June 23, 2022 (AFP) - The euro and pound retreated against the dollar Thursday as economic data pointed to increased prospects of recession in Europe.
Global stock markets recovered some ground after another battering this week, while oil prices extended losses.
Economic growth in the eurozone plummeted in June, a key survey showed, as high prices took the wind out the s ...