Page 4 - புதியது யார்க் பேரரசு நிலை உற்பத்தி குறியீட்டு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

US stimulus hopes vaccinate bull markets December 16, 2020SharePrint Equity markets rise on stimulus hopes Equity markets shrugged off a previous run of losses, and the US dollar weakened overnight, despite weaker US data. Rising hopes that US stimulus negotiations were making progress, with the two-part latest incarnation appearing more palatable to both sides, stopped the multi-day retreat in its tracks. The price action overnight emphasising that a positive outcome to the bi-partisan talks and, to a lesser extent, the USD1.4 trillion government funding bill are trumping even the FOMC meeting in importance. Lawmakers may have been given another nudge overnight to get something done, with the New York Empire State Manufacturing Index, and US Industrial Production data disappointing. That follows a series of disappointing weekly Initial Jobless Claims and Non-Farm Payrolls data suggesting that Covid-19’s rampage across America is undermining the economic recovery.

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