Global equity markets mostly advanced Thursday as investors awaited Joe Biden's proposals for substantial new stimulus, and the US Federal Reserve's policy outlook.
Bitcoin gained for a third day, increasing by 13 percent to around $39,000 on keen demand, but remained under the record $41,981 set on Friday."A more positive tone in markets has developed ahead of the expected stimulus announcement from Joe Biden," noted Chris Beauchamp, chief market analyst at trading firm IG.
Hopes for another huge spending splurge in the world's top economy overshadowed fears about surging virus cases -- and record daily deaths in the US and Britain -- that have forced governments to impose new lockdowns.
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