Stocks and bonds yields climb as investors eye US stimulus | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

LONDON, Oct 21 — Global stocks and bond yields rose today as Washington moved closer to agreeing a coronavirus stimulus package, pinning the dollar at its lowest for a month. The MSCI world equity index, which follows shares in nearly 50 countries, gained 0.1 per cent, buoyed by a 0.5 per cent...

The dollar hit a one-month low against a basket of currencies as optimism over a pre-election US stimulus package bought riskier currencies. — Reuters pic

The White House and Democrats in the US Congress moved closer to agreement on a new coronavirus relief package as President Donald Trump said he was willing to accept a large aid bill despite opposition from his own Republican Party. The moves in stocks and bonds highlight how importantly new stimulus is viewed for the US and global economies, said Hugh Gimber, global market strategist at J.P. Morgan Asset Management.

The dollar hit a one-month low against a basket of currencies as optimism over a pre-election US stimulus package bought riskier currencies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks climb at open as stimulus deadline nears | Malay MailNEW YORK, Oct 20 — A looming deadline for Washington policymakers to agree on a long-awaited US stimulus bill today did not deter Wall Street traders from pushing major indices up at the open. Shares dropped sharply yesterday, but about 40 minutes into trading, the benchmark Dow Jones Industrial...
Source: malaymail - 🏆 1. / 86 Read more »

Asian stocks gain on US stimulus hope, yuan surges | Malay MailTOKYO, Oct 21 — Asian shares and US stock futures rose today as renewed hopes for a new round of US stimulus drew money into equities from government debt. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.56 per cent. Australian stocks edged up by 0.1 per cent, while shares in...
Source: malaymail - 🏆 1. / 86 Read more »

Hong Kong stocks close with small gains | Malay MailHONG KONG, Oct 20 — Hong Kong stocks finished today with slight gains as traders keep tabs on US stimulus talks with a deadline for an agreement set for later in the day. The Hang Seng Index rose 0.11 per cent, or 27.28 points, to 24,569.54. The benchmark Shanghai Composite Index added 0.47 per...
Source: malaymail - 🏆 1. / 86 Read more »

Asian stocks set for modest gains as tech woes check stimulus hopes | Malay MailNEW YORK, Oct 21 — Asian stocks were set for modest gains today after renewed US stimulus hopes helped Wall Street higher, although wobbles in the tech sector could keep a lid on investor sentiment. Australian stocks opened slightly higher while MSCI’s gauge of stocks across the globe was...
Source: malaymail - 🏆 1. / 86 Read more »