Stocks mostly higher on economic recovery hopes | The Guardian Nigeria News - Nigeria and World News

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Record-breaking stock markets mostly rose further Monday, supported by economic recovery hopes, while focus was firmly on the game of football as Europe's wealthiest clubs seek to form a breakaway Super League.

A display showing the German Stock Market Index DAX is pictured at the stock exchange in Frankfurt, Germany, on April 19, 2021.

Elsewhere on markets, bitcoin steadied around $57,000 after diving more than 15 percent at one point over the weekend after reports that the US Treasury could crack down on digital money laundering, according to NAB analyst Rodrigo Catril. Investors are banking on accelerated US pandemic containment efforts marking a step toward economic normalcy, with half of all adults in the country now having had at least one vaccine dose.

Market sentiment in Japan has been hamstrung by a slow-moving vaccination programme, though Prime Minister Yoshihide Suga hinted Monday that the country should have enough vaccines for all citizens over 16 by September.

 

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