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EU STIMULUS DEAL
From policy push to market consequences: Why India’s 7.4% growth matters for investorsIndia's economy is experiencing strong GDP growth, driven by fiscal and monetary stimulus and new trade deals with the US and EU. While pas...- Virus worries buoy dollar, pound swung by Brexit gyrationsThe pound has fallen for three straight days as time runs out for London to reach a trade deal with Brussels before the UK completes its ex...
- FII flow, Brexit and vaccine development key factors driving market this weekAfter shopping for over Rs 60,000 crore in November, foreign investors have bought Rs 33,383 crore worth of shares in December till now. Ma...
- Gold inches up as recovery concerns offset U.S. stimulus uncertaintyGold is seen as a hedge against inflation and currency debasement likely to result from large stimulus measures.
- Rupee opens 7 paise higher against the US DollarThe rupee opened at 73.83 against the US dollar, compared to the previous close of 73.90.
- Gold near 2-week high as rising COVID-19 cases boost U.S. stimulus hopesThe U.S. Congress will vote this week on a stopgap funding bill to provide more time to reach a deal on COVID-19 relief, while U.S. Senate ...
- Pound traders shut out Brexit noise until ‘real deadline’Traders have grown accustomed to filtering out political noise, after suffering years of negotiations that yielded no results and seeing de...
- Rupee opens flat at 73.30 against the US dollarOn the domestic front, lack of cues is likely to keep the volatility low for rupee.
- European shares slip on caution around vaccine trials, stimulusAlthough trading in most country indexes was muted, a weaker pound lifted London's FTSE 100 by 0.2% ahead of a UK-imposed Oct. 15 deadline ...
- Dollar higher as markets wait on stimulus newsThe dollar index gained 0.12% against a basket of major currencies to 93.73. It has fallen from a two-month high of 94.75 on Sept. 25.
- Oil prices jump on vaccine hopes, EU dealBenchmark Brent crude was up $1.24 cents at $44.52 by 1337 GMT, on track for its biggest daily rise since mid-June at around 3%. West Texas...
- Asian shares extend gains as investors count on stimulus, vaccinesAdvisers to President Donald Trump and congressional Democrats were set to discuss the next steps in responding to the coronavirus crisis o...
- Rupee opens 9 paise up at 74.93 against US dollarRupee opened 9 paise higher at 74.93 against the US dollar on Monday, tracking gains in domestic equities and lower crude oil prices.
- Apple wins big EU court case over $15 billion in taxesThe EU Commission had claimed in 2016 that Apple had struck an illegal tax deal with Irish authorities that allowed it to pay extremely low...
- US-China trade deal possible by end of month: Peter Cardillo, Spartan Capital“The US Fed probably is going to hand-hold the economy longer than we had expected.”
- EU, US decide to launch negotiations on free trade pactThe two sides have initiated the procedures to start the negotiations after several failed attempts earlier.
- FTA need of the hour: EU trade commissionerFormer EU trade commissioner Peter Mandelson has said that efforts should be made to implement the EU-India FTA this year as it could help ...
- EU seal deals on economy, climate packagesEU leaders sealed an agreement Friday for a 200 billion euro plan designed to dig Europe out of recession and a package to combat global wa...
- Germany attacks stimulus plans before summitAn attack by Germany's finance minister on other European Union states for "tossing around billions" signalled Berlin will not agree to spe...
- EU scrambles to draft economic recovery plansThe European Union scrambled on Monday to put the final touches to a coordinated economic stimulus package designed to drag the continent's...
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