European stocks slipped on Wednesday, failing to draw strength from a record run for Wall Street’s S&P 500, as investors feared a resurgence in corona-virus cases could affect the economic recovery in the continent. Eurozone governments will consider shutting down parts of the economy again to control what is increasingly looking like a second wave [...]
At its Aug.4 policy meeting, the Reserve Bank of Australia (RBA) held its cash rate at a record low of 0.25% in an expected decision. It slashed rates in an emergency meeting in March. Australia's central bank does not need to further ease policy for now as its package of measures was working broadly as [...]
In US, Lawmakers from both the House of Representatives and the Senate have largely returned to their home states for August recess, according to a report. As such, the much-anticipated stimulus is likely to remain elusive at least until September, when lawmakers will return to work. “We will have our regular pro forma meetings through [...]
