{"id":8926,"date":"2021-02-03T09:21:48","date_gmt":"2021-02-03T09:21:48","guid":{"rendered":"https:\/\/errante.com\/global-economic-picture-improves\/"},"modified":"2021-02-03T09:21:48","modified_gmt":"2021-02-03T09:21:48","slug":"global-economic-picture-improves","status":"publish","type":"post","link":"https:\/\/errante.com\/pt-pt\/newsroom\/global-economic-picture-improves\/","title":{"rendered":"Positive Wednesday: Global Economic Picture Improves"},"content":{"rendered":"\n

Global Economic Picture Improves<\/h2>\n\n\n\n

Asian shares and U.S. stock futures rose on Wednesday as governments around the world looked poised to boost spending to help economies recover from the coronavirus and vaccine roll-out programs accelerated.\u00a0<\/p>\n\n\n\n

Wall Street rallied on Tuesday on renewed hopes for U.S. President Joe Biden\u2019s proposed $1.9 trillion COVID-19 aid bill<\/a> as the Senate took steps to allow Democrats to pass Biden\u2019s package without Republican support. <\/p>\n\n\n\n

The U.S. Treasury yield curve continued to steepen in Asian trading, reflecting expectations for more fiscal spending and growing economic optimism. <\/p>\n\n\n\n

The roll-out of vaccines in many countries is gathering pace, earnings season in the United States and Japan has so far been favourable, and oil prices are at their highest in a year, which are all positive signs for the global economy. <\/p>\n\n\n\n

The dollar traded near a two-month high<\/a> against the euro as investors bet that the U.S. economy will recover from the coronavirus shock faster than the euro zone. <\/p>\n\n\n\n

The dollar was little changed at $1.2038 per\u00a0euro<\/a>\u00a0early in the Asian session, after strengthening to $1.20115 overnight for the first time since Dec. 1.\u00a0<\/p>\n\n\n\n

This Week\u2019s High Impact Events<\/strong> <\/h2>\n\n\n\n

The times below are GMT+2.\u00a0<\/p>\n\n\n\n