TOKYO (Reuters) - The dollar fell to its lowest in more than two years against the euro on Wednesday as currency traders looked past a new delay in U.S. stimulus cheques and maintained bets additional financial aid was still likely.
SINGAPORE (Reuters) - Oil prices gained more ground on Wednesday as a U.S. coronavirus fiscal aid package and expectations of global economic recovery lifted hopes for higher fuel demand.
BEIJING (Reuters) - China’s factory activity likely maintained a solid pace of expansion in December, a Reuters poll showed on Tuesday, as the world’s second-largest economy steadily recovers from the coronavirus crisis.
BEIJING — China has not fully recovered from the shock of the coronavirus pandemic, business leaders said in a survey by the China Beige Book released Tuesday.
The Association of Natural Rubber Producing Countries (ANRPC) expects natural rubber (NR) prices to rise in the short term, due to factors such as tight supply and high demand thanks to a COVID-19-focused economic recovery. The association also expects the global consumption rates to increase by 4% year on year in December, contributing to higher prices.
TOKYO/NEW YORK (Reuters) - Asian shares jumped on Tuesday, with Japanese stocks hitting a 30-year high, as hopes that a long-awaited U.S. pandemic relief package would be expanded and a Brexit trade deal supported investor risk appetite.
