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THE safe-haven US dollar posted a modest gain of 0.14% to 90.82, taking a breather from a sell-off that took it to a more than 2½-year low last week. The focus of the week was on the negotiation among US lawmakers to append a new coronavirus stimulus aid to a funding bill to avert a government shutdown on Dec 11.
BRUSSELS: In Europe, investors like Alessandro Tentori are starting to say their goodbyes to the region’s bond market, worried that soon there may not be any place left for them.
BEIJING (AP): Asian stock markets were mixed Friday (Dec 11) after Wall Street sank following signs damage to the US economy from the coronavirus is worsening while Congress is deadlocked over possible new aid.
FRANKFURT, Dec. 10 (Xinhua) -- The European Central Bank (ECB) said on Thursday that it decided to expand the pandemic emergency purchase program (PEPP) by another 500 billion euros (605 billion U.S. dollars) and extend the duration of the program to at least the end of March 2022, as part of a fresh stimulus package to bolster the economy.
TOKYO: The British pound lost about 0.5% on Thursday after British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed they have until Sunday to take a "firm decision" about the future of trade talks.
NEW YORK: Stocks on global indexes mostly eased on Monday as worries escalated over increasing COVID-19 cases and economic restrictions, while sterling slumped as Britain and the European Union have yet to narrow their differences on a trade deal.