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ECB's Executive Board member Schnabel: We continue monitoring incoming information carefully, including developments in exchange rate

  • We stand ready to act if incoming data is not consistent with objective of our emergency measures
  • It’s important that financial institutions and other market participants are prepared in the event of no-deal scenario

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18:18 01.10.2020
U.S. House Speaker Pelosi says she is still "hopeful" that stimulus agreement can be reached
But acknowledges that Republicans and Democrats are still far apart on state and local aidSays that sides are coming closer on health provisions but the language is still an issueNot in agreement on how to aid small businesses, including restaurants
17:39 01.10.2020
Gold: The downtrend is being challenged - TDS
FXStreet notes that gold (XAU/USD) has managed to regain traction on Thursday and has surged above the $1900 mark. Economists at TD Securities note that US Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi have both reported progress in agreeing on a new fiscal stimulus bill which is positive for the yellow metal.“News that Mnuchin and Pelosi are inching forward on a new round of fiscal stimulus is breathing life into the reflation trade, supporting equities, gold and precious
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