Global stocks and currencies rise as Joe Biden gets greenlight
Risk currencies gain as uncertainty in the US seems to be retreating, with bitcoin hitting $19,000
24 November 2020 - 13:22
London/Hong Kong — Stocks, oil and risk currencies, including bitcoin, gained on Tuesday as the formal go-ahead for US president-elect Joe Biden to begin his transition burnished a November already boosted by Covid-19 vaccines.
European markets tracked gains in Asian and US equities, with the broad-based Stoxx 600 index climbing 0.6% and Brent crude climbing to its highest level since March at $46.52 a barrel. Safe-haven assets such as gold fell...
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