Pound rallies as US stimulus hopes drive markets higher – business live

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Rolling coverage of the latest economic and financial news

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The markets are trading at record highs today on anticipation of a major new US stimulus package that will help drive the global recovery. Stocks and commodities have rallied as the world watched Joe Biden be sworn in yesterday, giving a call for unity and urging Americans to face the pandemic raging across the country as one nation.

 

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If the British pound rallies because the US gets a new President they are far too reliant on the USA. 🤓

wow

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