People shop at a Sainsbury’s supermarket amid the coronavirus outbreak in London on Tuesday. Reuters
The 28 EU leaders are trying to agree on who will steer the bloc over the coming years through the looming challenges of Brexit and the rise of populist parties in Europe.
Berlin's chairing of the 26-member bloc will be its last with Merkel in charge, and could be the one that defines the legacy of the leader dubbed the "eternal chancellor".
In the 1800s London hosted and shielded many European revolutionaries and republicans after their failed revolts in France, Germany, and Italy. There was, in some ways,
Spot gold eased 0.2% to $1,734.26 per ounce by 03:20 GMT while US gold futures dipped 0.1% to $1,732.
The global oil market is rebalancing after damage to demand wrought by the COVID-19 pandemic was met with curbs on output by producers from the Organization of the Petroleum Exporting Countries (Opec), the group’s president said on Tuesday.
Global stock markets and Wall Street futures declined on Tuesday after a selloff in the US Treasury debt eased, helping to allay concern about a possible rise in interest rates.