U S Senate Majority Leader McConnell congratulates Biden on White House victory en.people.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.people.cn Daily Mail and Mail on Sunday newspapers.
Gold Futures Settle Modestly Higher
WASHINGTON (dpa-AFX) - Gold futures settled higher on Wednesday, extending gains from previous session amid continued optimism about a fiscal stimulus in the U.S.
Worries about economic growth due to continued spikes in coronavirus cases across the world contributed as well to the increased demand for the safe-haven asset.
However, gold futures pared some gains following the dollar regaining some lost ground. The dollar index, which eased to 90.13 in the Asian session, rose to 90.40 later on in the session. It moved up further post monetary policy announcement from the Fed, rising to 90.57.
Prices drifted lower post settlement, after the U.S. Federal Reserve announced its monetary policy. The Fed said it would keep interest rates near zero, and will continue its bond purchases till the economy makes substantial further progress.
DAX Extends Gains On Brexit Hopes
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks rose sharply on Wednesday as U.S. lawmakers moved toward agreement on a spending package and the European Union s chief executive said that there had been progress on Brexit trade deal.
U.S. Senate Majority Leader Mitch McConnell vowed Tuesday that Congress would not adjourn for the year until the $748 billion relief deal is clinched.
European Commission President Ursula von der Leyen said that there is a path to a Brexit deal and the next few days will be decisive .
Investors await the outcome of the U.S. Federal Reserve s two-day meeting for clues about the policy outlook.
Mitch McConnell recognizes Biden as U.S president-elect after holdout Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
U.S. Senate Majority Leader Mitch McConnell returns to his office following a vote in the Senate chamber at the U.S. Capitol on Tuesday. | ANNA MONEYMAKER / THE NEW YORK TIMES
Bloomberg Dec 16, 2020
U.S. Senate Majority Leader Mitch McConnell recognized Joe Biden as the winner of the presidential election the day after the Electoral College confirmed his victory a pivotal moment that further cements President Donald Trump’s defeat.
THE ISSUE
As hundreds of U.S. hospitals dispensed Pfizer COVID-19 vaccines to their workers Tuesday, âa second vaccine moved to the cusp of government authorization,â The Associated Press reported. âA day after the rollout of Pfizer-BioNTechâs coronavirus shots, the Food and Drug Administration said its preliminary analysis confirmed the effectiveness and safety of the vaccine developed by Moderna and the National Institutes of Health. . The Moderna vaccine uses the same technology as Pfizer-BioNTechâs and showed similarly strong protection against COVID-19.â
At long last, the cavalry is coming to help health care workers in their brutal battle against COVID-19.