LONDON - Stocks slipped on Thursday as investors waited for signs of agreement on a U.S. stimulus package, while the U.S. dollar slumped to a two-year low on fears that the recovery in the world’s biggest economy was lagging others.
The broad Euro STOXX 600 fell 0.2% after opening in the black. London’s lost 1.3% as the pound jumped to a 5-month high after the Bank of England kept interest rates steady and signalled that a move to sub-zero territory was not imminent. Markets are waiting direction on the shape of a U.S. fiscal recovery package, currently subject to political wrangling in Washington, said Hugh Gimber, global markets strategist at J.P. Morgan Asset Management.
Fears that economic recoveries across major economies are diverging have been playing out in currency markets, with the dollar’s two-year supremacy at risk.
China cannot survive without 600 billion dollars American business which they have hedged on for several years will lead to collapse of China.
Trump about to sign exec order to PREVENT EVICTIONS he gave working class Americans financial protection through this crisis NOT PLATITUDES ....SECOND TERM
Continue to wait and see
They are not coming😂🤣
Hey askin for help is anyone willing to donate a $1 to my sister, nephew & I, I lost both my jobs due to COVID I filed for unemployment but waitin for the benefit and we dont have any food & bills comin up if you can help we would be super grateful Venmo or Cashapp MattMartins147
I guess... 😂😂
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