London, United Kingdom | AFP | Growing optimism about a swift global economic recovery pushed equity markets sharply higher Wednesday, as investors took heart from further easing of lockdowns while looking past China-US tensions and civil unrest across America. The upbeat mood — and hopes for an extension to a massive …
Read More »Stock markets shrug off US layoffs
London, United Kingdom | AFP | Stock markets mostly rose and the dollar advanced Thursday, gaining traction from optimism over reopening economies and a huge EU coronavirus recovery package, dealers said. Asia bounded higher but Hong Kong failed to maintain early gains as investors fretted over a US decision to revoke …
Read More »Stock markets rise as reopenings trump geopolitical tensions
London, United Kingdom | AFP | Further easing of countries’ coronavirus lockdowns pushed equities higher Tuesday, with optimism stoked by the reopening of bars, cafes, pools and beaches outweighing China-US tensions that hurt the dollar. While countries including Brazil, Chile and Russia are enduring rising death and infection tolls from COVID-19, …
Read More »Equities rally on hopes for economic rebound
London, United Kingdom | AFP | Stock markets picked up Wednesday on hopes for a strong US economic rebound even though retailers reported mixed results and US-China tensions continued to mount. Equities have enjoyed a broad advance for several weeks as virus infection and death rates slow, allowing governments to lift …
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