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BRUSSELS: The European Central Bank (ECB) will extend two key stimulus programmes through the end of next year to support the economy until vaccines are widely enough available to entrench the recovery, according to economists surveyed by Bloomberg.
TOKYO: Asian shares scaled a record high on Friday on growing prospects of a large U.S. economic stimulus package, while hopes that coronavirus vaccine rollouts will boost the global economy underpinned investor sentiment.
SYDNEY: The euro was headed for its best week in a month on Friday and has blown past major resistance levels as investors piled into bets the U.S. dollar has further to fall as the world begins to emerge from the COVID-19 pandemic.
THE European Central Bank (ECB) has been caught in a controversy over the way it communicates with investors.
BRUSSELS, Dec. 1 (Xinhua) -- The manufacturing sector in the euro area continued to expand in November, yet at a slightly slower pace compared to the previous month, according to the economic indicators released Tuesday by the IHS Markit, a London-based global information provider.
NEW YORK: World stock markets dipped on Monday to close a record-breaking month as the prospect of a vaccine-driven economic recovery next year and further central bank stimulus measures eclipsed immediate concerns about the spiking coronavirus pandemic.