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22 Jul, 2020 06:34

EU leaders strike stimulus deal

The European Union has struck a deal on a $2 trillion budget after heated talks over the weekend. The budget includes relief for those affected by the Covid-19 pandemic. Plus, it’s another big week for earnings on Wall Street as lawmakers negotiate the next round of coronavirus stimulus. US equities rose again and traders are looking for more clues on further US fiscal stimulus. Meanwhile, the US saw its smallest daily increase in new Covid-19 cases in more than a week, and President Donald Trump has announced that he will resume daily briefings on the coronavirus.

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