(Reuters) – The rise in US coronavirus cases and restrictions aimed at containing it have begun to weigh on the economic recovery, the head of the Federal Reserve said on Wednesday, signaling an apparent setback by consumers and a slowdown in the rehire of laid off workers, particularly for small …
Read More »GLOBAL MARKETS: Gold roars to record levels, dollar dives again
* Gold hits record, silver joins 30% rise in July * Dollar in the 22-month low, the euro rises to $ 1.17 * Asia tech stock gains after Intel crash * Tensions between the United States and China keep investors on edge * Earnings, US stimulus talks in focus * …
Read More »EU recovery fund sends shares, euros to four-month highs
LONDON (Reuters) – Global equities and the euro reached their strongest levels since March on Tuesday after European Union leaders sealed a post-pandemic stimulus plan of € 750 billion ($ 857 billion) after of a five-day marathon. FILE PHOTO: People pass the offices of the London Stock Exchange Group in …
Read More »EU recovery fund sends shares, euros to four-month highs
LONDON (Reuters) – Global equities and the euro reached their strongest levels since March on Tuesday after European Union leaders sealed a post-pandemic stimulus plan of € 750 billion ($ 857 billion) after of a five-day marathon. FILE PHOTO: People pass the offices of the London Stock Exchange Group in …
Read More »ANALYSIS: When the United States sneezes, the world catches a cold. What happens when you have severe COVID-19?
WASHINGTON, July 20 (Reuters) – During a blue sky moment in 2018 near the end of a decade-long economic expansion, it was the United States that helped propel the world as extra money flowed from cuts in taxes and government spending. national and global markets. But if it was US …
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