Rolling coverage of the latest economic and financial news
- Introduction: Asia-Pacific markets rally on recovery hopes
- Vaccine optimism pushes FTSE 100 higher
- Coronavirus – latest updates
- See all our coronavirus coverage
9.19am BST
Mining stocks are also among the stock market risers, usually a sign that investors are more upbeat about growth prospects.
Equity markets seem relatively unconcerned with the rising number of US COVID-19 cases. Although fear in the US would appear to have increased, the level of fear is nothing like that seen earlier this year. National lockdowns remain very unlikely.
There is also the possibility that the increase in cases will encourage further fiscal stimulus.
8.52am BST
Security firm G4S has cheered investors this morning, by hiking its profit forecasts.
Continue reading…Rolling coverage of the latest economic and financial newsIntroduction: Asia-Pacific markets rally on recovery hopesVaccine optimism pushes FTSE 100 higherCoronavirus – latest updatesSee all our coronavirus coverage 9.19am BSTMining stocks are also among the stock market risers, usually a sign that investors are more upbeat about growth prospects.Equity markets seem relatively unconcerned with the rising number of US COVID-19 cases. Although fear in the US would appear to have increased, the level of fear is nothing like that seen earlier this year. National lockdowns remain very unlikely.There is also the possibility that the increase in cases will encourage further fiscal stimulus. 8.52am BSTSecurity firm G4S has cheered investors this morning, by hiking its profit forecasts. Continue reading…