World stock markets hit record high on vaccination hopes
The MSCI all-country world index, which tracks stocks across 49 countries, was up nearly half a percent after the start of trading in London
04 January 2021 - 12:02
London — World stock markets hit record highs on Monday, the first trading day of the new year, as investors hoped the rollout of vaccines would ultimately lift a global economy decimated by the Covid-19 pandemic.
The Chinese yuan surged nearly 1% against the dollar, while the dollar plumbed its lowest levels against a basket of peer currencies since April 2018. Bitcoin hovered above $32,000 on the back of a blistering 800% rally since mid-March...
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