Global equities take heart from signs of stimulus
Global markets are stronger on Monday as large economies indicate that they will prop up stalling growth, easing pressure on bonds and dampening safe-haven demand
19 August 2019 - 11:30
London — Global equity markets rose on Monday on signs that large economies would look to prop up stalling growth with fresh stimulus measures, easing pressure on bonds and dampening demand for perceived safe-havens such as gold.
The hope of government action to stave off the fear of recession — triggered by an inversion in the US bond yield curve — grew as China’s central bank unveiled interest rate reforms expected to lower corporate borrowing costs...
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