Gold and silver rose further on Wednesday, after China said the United States ordered it to close its Houston consulate, signaling a further increase in tensions between the two countries and sparking demand for safe-haven assets. “Gold attracts flows when real interest rates compress and when political tensions increase, making …
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 »GLOBAL MARKETS: Asian stocks expand gains as investors get stimuli and vaccines
* Asian stocks up more than 1%, Nikkei up 0.6% * EU recovery fund agreement seen within reach * Investors expect US stimulus of more than $ 1 trillion * Asian Stock Markets: tmsnrt.rs/2zpUAr4 By Hideyuki Sano and Elizabeth Dilts Marshall TOKYO / NEW YORK, July 21 (Reuters) – Asian …
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 »The euro and eurozone bond markets are hopeful for a recovery fund; higher stocks
LONDON (Reuters) – Eurozone and eurozone bond markets had hopes that European Union leaders would reach an agreement on a recovery fund for the economy devastated by the bloc’s pandemic on Monday, while the The region’s stock markets cautiously climbed the talks higher. FILE PHOTO: The London Stock Exchange Group …
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