US stimulus approval lifts sentiment

UK and European stocks opened higher this morning after the House of Representatives approved Joe Biden's $1.9 trillion coronavirus relief bill.

US stimulus approval lifts sentiment

UK and European stocks opened higher this morning after the House of Representatives approved Joe Biden’s $1.9 trillion coronavirus relief bill. The President is expected to sign the bill on Friday.

Investors will be focused on the European Central Bank as it makes its latest interest rate announcement and economic forecast for the region later today. The ECB view on rising bond yields will be monitored closely.

 

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