World shares at record highs as Europe gains and dollar fights back
The promise of global fiscal and monetary stimulus overrode worries about Covid-19 and deteriorating US-China and EU-Russia relations
03 September 2020 - 11:57
London/Sydney — Europe kept record high world share markets marching forward on Thursday, while the dollar was in fightback mode and government bonds steadied after European Central Bank (ECB) efforts to tame the euro.
The promise of ongoing global fiscal and monetary stimulus remained far too powerful to allow worries about second coronavirus waves or deteriorating US-China and EU-Russia relations to rein in the bulls...
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