The announcement marks another step in the global battle against the pandemic and will allow the U.K. to greatly expand its Covid-19 immunization program started in December. So far, the Pfizer-BioNTech vaccine has been given to 600,000 people in the U.K., according to government statistics. Shares of AstraZeneca closed slightly lower on Wednesday.
European markets are bucking a lackluster trend seen in their global counterparts Wednesday; Stocks in Asia-Pacific were mixed in trade overnight after major indexes on Wall Street snapped their multi-day winning streaks on Tuesday. Meanwhile, the dollar weakened against other major currencies.
China s 2019 GDP growth was revised downward to 6.0%, according to a statement released Wednesday by the country s National Bureau of Statistics. That compared against a pre-revision 2019 growth rate of 6.1%.
Currency markets stay risk-on as dollar hits lowest since 2018 reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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IRS and Treasury Begin Sending Stimulus Checks to Millions of Americans
Americans can expect to start receiving a second round of stimulus checks, with some coming as early as Tuesday night, according to the Treasury Department.
Known officially as economic impact payments (EIP), the checks are part of the implementation of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021, the pandemic relief bill that President Donald Trump signed on Sunday and that includes a second round of direct payments of up to $600 per person.
“These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week,” Treasury Secretary Steven Mnuchin wrote in a tweet Tuesday afternoon.
4:36 AM MYT NEW YORK, Dec. 30 (Xinhua) The U.S. dollar weakened in late trading on Wednesday as market participants continued to assess the possibility of larger U.S. fiscal stimulus. The dollar index, which measures the greenback against six major peers, decreased 0.36 percent at 89.6700. In late New York trading, the euro rose to 1.2290 U.S. dollars from 1.2252 dollars in the previous session, and the British pound rose to 1.3611 dollars from 1.3497 U.S. dollars in the previous session. The Australian dollar rose to 0.7677 U.S. dollar from 0.7610 dollar. The U.S. dollar bought 103.25 Japanese yen, lower than 103.52 Japanese yen of the previous session. The U.S. dollar decreased to 0.8820 Swiss franc from 0.8845 Swiss franc, and it decreased to 1.2763 Canadian dollars from 1.2811 Canadian dollars.