Global markets higher on stimulus hopes

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Global markets higher on stimulus hopes
 © CyprusMail 2020
The dollar languished and just about everything else rose on Thursday, as markets took patchy U.S. economic data as a harbinger of ever more stimulus and brinkmanship on Capitol Hill as a sign that a deal on a new U.S. stimulus package is close.

Following Wall Street’s lead, MSCI’s broadest index of Asia-Pacific shares outside Japan extended the week’s rally by 0.3 per cent to a fresh six-and-a-half-month high.

Japan’s Nikkei index was steady and  Asian  currencies were on the march, with the Australian dollar gaining to around 72 U.S. cents, and the Korean won and...


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Global markets higher on stimulus hopes


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