CORONAVIRUS (COVID-19) SARS-COV-2
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Virus Concerns in Emerging Markets Lower Oil Prices and Drag Currencies
On Monday, the South African rand, the Russian rouble and Mexican peso were leading losses in currencies across emerging markets, as risky assets roiled globally due to a new strain […]
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European Shares Lower after COVID Economic Pain Dulled by Vaccine Shots
On Thursday, European shares were lower after advances in vaccine for the coronavirus had spurred gains, but data across Europe highlighted the economic damage that the pandemic is still inflicting. […]
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Dollar Remains Depressed due to Improved Risk Appetite
On Wednesday, the US dollar nursed some losses, as expectations of a new fiscal stimulus package from the new US government and progress in the development of a COVID-19 vaccine […]
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Vaccine Progress Boosts Stocks, Dollar Remains Sickly
On Monday, oil and share prices rose while the dollar declined, as investors pinned their hopes on coronavirus vaccines to revive the economy, even with delays to fresh US financial […]
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World Stocks Heading for Record High on Vaccine Hopes, Recovery
On Monday, global stocks neared a fresh record high as investor sentiment was bolstered by hopes of a coronavirus vaccine, recent strong corporate earnings and signs of economic recovery. There […]
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World Shares Look Past Lockdowns as U.S. Election draws Nearer
On Monday, world shares recovered slightly after reaching one-month lows, as strengthening factory data in Europe and China offset news of new COVID-19 lockdowns, while investors geared up for more […]
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London Stocks Slip as New Coronavirus Curbs Affect Mood
On Tuesday, London stocks edged lower as worries about fresh restrictions in England due to COVID-19 offset the upbeat results that were posted by BP and HSBC. There was a […]
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Dollar Rises as U.S. Stimulus Hopes Fade and Coronavirus Cases Surge
On Monday, the U.S. dollar gained, as surging COVID-19 cases in the United States and Europe and a lack of progress on negotiations for a U.S. stimulus package prompted traders […]
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Dollar Ends Week Lower on COVID-19 Aid and Election Concerns
On Friday, the dollar weakened a bit against a basket of other major currencies, amidst uncertainty over a new round of financial aid just ahead of the U.S. presidential elections. […]
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European Stocks Rebound as Autos, Banks Rally
On Friday, European stocks rose due to positive earnings updates from carmakers and Barclays. However, the markets were headed towards their biggest weekly decline in over a month because of […]
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