Sterling extends gains, markets mixed as traders see out 2020 ...Qatar

Gulf Times - News

The pound extended gains against the dollar yesterday as traders cheered the authorisation of another vaccine and final ratification of the Brexit trade deal, while Asian markets were mixed as a painful year drew to a close. While the world economy has been devastated by the coronavirus and lockdowns it has caused, markets have enjoyed a broadly healthy year thanks to governments and central banks stumping up mind-boggling amounts of money to prevent a depression. After falling off a cliff in the first quarter, equities have seen incredible gains from their March troughs – some to record highs – as the promise of ultra-low interest rates, financial backstops and cash injections to people an

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Last updated : 31 Dec 2020 clock 10:01 PM

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Sterling extends gains, markets mixed as traders see out 2020 ...Qatar

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