Global markets rally pauses ahead of more ECB stimulus
Asian markets dipped on renewed tension between China and Hong Kong over the national anthem
04 June 2020 - 12:07
London — The rapid rally in world markets finally paused for breath on Thursday, as traders waited to hear how much more stimulus the European Central Bank (ECB) plans to shovel out to address the coronavirus slump.
The ECB is expected to pump in another €250bn to €500bn, but after weeks of sharp gains for stocks, oil and confidence-sensitive currencies, investors are taking the chance to lock in some profit...
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