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The European Commission will propose allocating €750 billion to the European Union economy to help it recover from the coronavirus crisis, German news agency DPA reported on Wednesday.
By CNBC : The Bank of England (BOE) held interest rates steady at 0.25 percent on Thursday, though an unexpected surge in support for a rate hike among its committee policymakers sent sterling higher
By Reuters : U.S. stock futures and Asian shares slid on Thursday, hit by soft U.S. economic data, a relatively hawkish Federal Reserve and a media report that U.S. President Donald Trump is being investigated by a special counsel for possible obstruction of justice.
By Reuters : Asian shares turned mixed on Wednesday while the dollar was left adrift as investors everywhere awaited clarity on the Federal Reserve's future path for U.S. policy after a likely rate rise later in the day.
By CNBC : OPEC's oil production jumped in May, despite the exporter group agreeing last month to extend its six-month deal to cap output into 2018.
By Reuters : The U.S. Federal Reserve is widely expected to raise its benchmark interest rate this week due to a tightening labor market and may also provide more detail on its plans to shrink the mammoth bond portfolio it amassed to nurse the economic recovery.
By Reuters : Technology stocks fell across Europe and Asia on Monday after the worst day for Apple shares in more than a year, while the euro and its bonds rallied after a bumper weekend for pro-EU and pro-business politics in France and Italy.
By Reuters : Asian stocks fell on Monday, with electronics heavyweights such as Samsung Electronics knocked lower by a slide in U.S. tech shares and caution ahead of this week's U.S. Federal Reserve policy meeting.
By CNBC : With the bulk of seats declared in the General Election, no party has gained a clear majority and the U.K. now faces a hung parliament..
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