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Stocks in Asia traded higher with Nikkei gaining 1.4%, S&P/ASX 200 adding 1.2% and Kospi rallying 2.6%. Indices from China traded mostly lower
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DAX futures point to a higher opening of the European session
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According to prepared remarks, Treasury Secretary nominee Janet Yellen will tell US Senate Finance Committee that low borrowing costs should be followed by big action aimed at spurring recovery
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Italian Prime Minister Giuseppe Conte won a confidence vote in the Chamber of Deputies yesterday. He will face vote of confidence in the Senate today
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According to the Bloomberg report, European Union will unveil a plan today aimed at boosting international role of euro
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According to Reuters, Trump will lift travel restrictions on European countries as well as Brazil in one of the final moves during his presidency. Decision is likely to be overturned once Biden takes over
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Wall Street Journal reports that some economists expect Chinese economy to reach parity with the United States by 2028 (five years earlier than in pre-Covid forecasts)
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Bitcoin trades near $36,500
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Precious metals and oil trade higher
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AUD and NZD are top performing major currencies while JPY and CHF lag the most
Total coronavirus case count crosses 96 million after 475 thousand new cases were reported yesterday. Source: worldometers, XTB
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