UK and European stocks higher again today

UK and European stocks higher again today 150 150 Realm

Earnings season continues with more major names reporting today. Investors will also be waiting for the latest US jobs report and how that data might play into Joe Biden’s strategy for his proposed stimulus plan. The US President meets today with House leaders to discuss the $1.9 million proposal.

The Bank of England kept interest rates at 0.1% on Thursday and left its bond-buying programme unchanged. The UK economy is expected to shrink by 4.2% in the first three months of 2021 and said we should prepare for negative interest rates. Governor, Andrew Bailey, called the vaccine rollout “excellent news” and said “We do think that this is going to support a sustained recovery throughout the rest of the year”.

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