Stocks Rally On Eu Stimulus Plan, Euro Gains

Equity markets rallied on Wednesday, lifted by enthusiasm for the European Union's plans for a 750 billion euro ($823 billion) recovery fund, but crude prices slid on concerns about unrest in Hong Kong over Beijing's proposed national security laws.

Topics:  european union   hong kong   beijing   plan   billion   
BING NEWS:
  • EU offers Lebanon 1 billion euros in economic, security support
    The European Union has offered Lebanon a financial package of 1 billion euros ($1.07 billion) to support its faltering economy and its security forces, European Commission President Ursula von der ...
    05/1/2024 - 11:04 pm | View Link
  • Brussels’ trillion-euro budget may need expanding, Commissioner says
    The EU agreed what Hahn called the “biggest stimulus package in our Union’s history” during the pandemic – but there’s less consensus on how to repay hundreds of billions in common EU borrowing ...
    04/29/2024 - 12:31 am | View Link
  • As EU election campaigns kick off in Germany, the Ukraine war, rise of far right are dominant themes
    Several German parties have kicked off their campaigns for the election of the European Parliament in June with a focus on issues such as the war in Ukraine and many European voters’ support for ...
    04/27/2024 - 5:52 am | View Link
  • Why Crypto Stocks Had a big Post-Halving Rally Today
    Now that it's over and done, I don't think there will be much juice in the crypto rally, at least not in the coming days. Events and big headlines tend to disproportionately affect the values of ...
    04/22/2024 - 11:35 am | View Link
  • Confirmed euro zone inflation fall bolsters ECB's June rate cut plan
    Euro zone inflation slowed across the board last month, reinforcing expectations for a European Central Bank interest rate cut in June, even as rising energy costs and a weak euro cloud the outlook, ...
    04/17/2024 - 2:02 am | View Link
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