FTSE 100 LIVE: London markets boost amid Bank of England’s £100bn extra stimulus
LONDON’S stock exchange is expected to rise by 0.3 percent amid the Bank of England raising its asset purchase programme by at least £100bn this week to help financial markets stabilise during the period of huge government borrowing due to the pandemic. Daily Express :: Finance Feed
FTSE 100 LIVE: US urged to gain stimulus as economy faces historic 16% unemployment blow
THE US economy could face a shock of historic proportions due to the coronavirus pandemic potentially causing the national unemployment rate to 16 percent or higher this month and require more stimulus to ensure a strong rebound, a White House economic adviser said on Sunday. Daily Express :: Finance Feed
Pound to euro exchange rate: Coronavirus crisis weakens GBP but stimulus could offer boost
THE POUND to euro exchange rate continues to sit at a six month low following a dramatic drop in recent days due to the coronavirus pandemic. Following the government’s stimulus package announcement yesterday, what can Britons hoping to exchange their money expect? Daily Express :: Travel Feed
Pound euro exchange rate rises ECB sets up ‘strong’ stimulus package to boost Euro economy
The pound euro exchange rate edged to €1.094 this morning on speculation that the European Central Bank’s planned stimulus package will be bigger than initially expected. Olli Rehn, a member of the ECB’s rate-setting committee, said: “When you’re working with financial markets, it’s often better to overshoot than undershoot, and better to have a very […]
ECB could DROP pledges to ramp up stimulus and remove easing bias at June meeting
EUROPEAN Central Bank policymakers are set to take a more benign view of the economy when they meet and will even discuss dropping some of their pledges to ramp up stimulus if needed, it has been reported. Daily Express :: Finance Feed
Corporations cash in on cheap money: Firms accused of hoarding ECB stimulus funds
CORPORATIONS are “gaming” the European Central Bank’s economic stimulus programme by hoarding the “free” cash that it is handing out instead of investing it in jobs and growth, sources claim. Daily Express :: Finance Feed