Stocks rally, yuan surges as investors bet on China revival
Global stock markets rallied and China’s yuan posted its biggest gain since December on Monday as investors bet the Chinese economy would boost global growth even as surging coronavirus cases delayed business re-openings across the United States.
The yuan led commodity currencies higher against the dollar as investors lapped up risky assets on growing expectations of a strong economic rebound in China, where an index of blue-chip Chinese shares soared to its highest in five years…
Source: YahooFinance
Trending Articles
by
on
Shares of Hertz Global Holdings Inc…
by
on
Alibaba says cloud unit to recruit
by
on
Gold Pierces $1,900 First Time Since 2011…
by
on
what’s in store for stocks through Election Day…
by
on
Bond Traders Clamoring for Answers Bet the Fed Isn’t Done Yet
by
on
Morgan Stanley posts record profit on trading boom
by
on
Fed warns stock market of a second recession if…
by
on
Airline Stocks Have Gotten Rocked by Coronavirus….
by
on
JPMorgan Says Giant Volatility Product May Rise…
by
on
Asian Stocks Are Mostly Down At The Start Of…
by
on
Crude Oil Prices Fall on Fears of Fresh Lockdowns
by
on
This chart might have you rethinking investment
by
on
Netflix pulled off a showstopper early…
by
on
China’s Investment in Australia Falls to
by
on
Nasdaq earnings expected to benefit from tech rally
by
on
Gold storms past $1,800 towards new record high
by
on
UBS tops forecast on investment banking results
by
on
Closed Apple Stores could change iPhone buying…
by
on
Twitter shares stumble after unprecedented hack
by
on
Wirecard administrator sees interest from buyers
by
on
Shares of Boeing Co. BA, -3.47% rallied nearly 12%…
by
on
Gold soars to record high, stocks stay uncertain
by
on
Uber scoops Postmates for $2.65 billion in delivery
by
on
Apple price target raised to $400 at Deutsche Bank
by
on
Market’s hot streak is just beginning…
by
on
Goldman Sachs confirms $3.9 billion settlement…
by
on
This ‘world-class disruptor’ is this the next Netflix?
by
on
Ryanair to Cut Back Flights to Italy…
by
on
These 5 Giant Stocks Are Driving The U.S. Market…
by
on
88 Stocks Moving In Friday’s Mid-Day Session…
by
on
Dow surges 320 points, briefly retakes perch at…
by
on
Big Tech’s big test arrives in the busiest…
by
on
Nasdaq in record territory, techs rise, S&P 500 flips positive…
by
on
Why stocks don’t seem worried about COVID…
by
on
The Nasdaq isn’t just beating the Dow and S&P 500
by
on
What happens after the S&P 500’s best quarters…
by
on
Nissan secures $7.8 billion from creditors…
