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World stocks near record peak, US dollar stumbles again

LONDON (Dec 30): World stocks edged closer to recent record highs and Asian shares hit a record peak on Wednesday, as investors bet on a strong economic recovery next year, with the upbeat mood pushing the safe-haven US dollar to its lowest since April 2018. Europe s main markets were hoping for a sixth straight session of gains as AstraZeneca and Oxford University s coronavirus vaccine became the second to be approved by Britain, helping the FTSE 100 add as much as 0.2% early on. A new, more transmittable variant of the virus is spreading rapidly but European Union countries have also begun rolling out Pfizer and BioNTech s vaccine this week.

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World stocks near record peak, dollar stumbles again

World stocks up 14% this year, 70% from March lows Euro hits highest since April 2018 vs dollar AstraZeneca vaccine approval in Britain boosts UK assets Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh LONDON, Dec 30 (Reuters) - World stocks edged closer to recent record highs and Asian shares hit a record peak on Wednesday, as investors bet on a strong economic recovery next year, with the upbeat mood pushing the safe-haven dollar to its lowest since April 2018. Europe’s main markets were hoping for a sixth straight session of gains as AstraZeneca and Oxford University’s coronavirus vaccine became the second to be approved by Britain, helping the FTSE 100 add as much as 0.2% early on.

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