Global markets lift as Joe Biden gets closer to the White House
Asian stocks rose 2% overnight to reach their highest in two-and-a-half years
05 November 2020 - 13:23
London/Sydney — Europe and Asia’s stock markets climbed and bonds extended their rally on Thursday as Democrat Joe Biden edges closer to winning the White House and Britain’s central bank become the latest to shovel in additional stimulus.
Biden is now favoured to oust Donald Trump after victories in Michigan and Wisconsin, but Democrats are unlikely to win the Senate. That led investors to wager on a policy gridlock that would prevent greater regulation...
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