Asian stocks look for vaccine-led recovery, US stimulus | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

SYDNEY, Dec 14 — Stocks started a busy week with guarded gains as investors gauged the chance of added US fiscal and monetary stimulus, while the British pound rose in relief as a last-gasp extension to Brexit talks dodged a hard divorce. Progress on coronavirus vaccines cheered risk sentiment,...

Japan's Nikkei adds 0.6 per cent as a survey shows the mood among hard-hit Japanese businesses has improved in the December quarter.. — Reuters pic

E-Mini futures for the S&P 500 responded by rising 0.5 per cent, while March Treasury bond futures slipped 4 ticks. Eurostoxx 50 futures added 0.6 per cent and FTSE futures 0.3 per cent. Against the dollar, the pound rose 0.7 per cent to $1.3321 and away from Friday's close of US$1.3222. The euro slipped 0.5 per cent to 91.09 pence, off a three-month top of 92.29.

The single currency has already been charging hard against the US dollar, which many analysts believe has entered a cyclical downtrend as the prospect of a vaccine-driven global economic recovery lessens the need for safe havens.

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 NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines