Stocks steady as Trump is impeached for second time

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Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

World markets were steady Wednesday as investors took in the latest dreary indicators on Covid-19 and monitored congressional debate over the second impeachment of US President Donald Trump.

Earlier, equity markets in London, Paris and Frankfurt also ended largely flat as both the United States and Britain suffered their worst days of the pandemic as far as fatalities, while Spain registered a record number of new Covid-19 cases.

Despite the grim figures, markets have largely been looking past the crisis as more people are vaccinated and additional vaccines progress towards approval. In London, the British pound rallied as high as $1.3701, close to a 2.5-year peak, after Bank of England governor Andrew Bailey distanced himself from the idea of negative interest rates — but he still warned Britain faced its “darkest hour” due to the virus fallout.

 

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Belgique Dernières Nouvelles, Belgique Actualités