European stock markets traded higher Thursday, with investors buoyed by progress over Brexit negotiations and U.S. stimulus talks, ahead of the Bank of England’s latest policy-setting meeting.
LONDON - British finance minister Rishi Sunak said he would tackle the country's coronavirus-inflated budget deficit because of the risks of a future shock to the economy and higher borrowing costs that could hammer the public finances.
The Bitcoin price (BTC) surged above $19,500 briefly on Dec. 15, reaching as high as $19,570 on Binance. However, BTC then dropped to $19,050 within three hours, recording a sudden 2.5% pullback.
The dollar continued to head lower in early European trade Wednesday, with traders deserting the safe haven as U.S. lawmakers make progress toward a Covid-19 relief package ahead of the Federal Reserve meeting.