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Stocks Extend Gains, while Yesterday's Dollar Recovery Stalls

August 25, 2020
Overview: Soaring US stocks, optimism about a vaccine, and the affirmation of the US-China trade agreement are buoying global equities today.  The MSCI Asia Pacific Index is near seven-month highs and was led today by more than 1% gains in the Nikkei and Kospi.  Europe's Dow Jones Stoxx 600 is around 0.5% firmer to approach the 200-day moving …
Stocks Extend Gains, while Yesterday's Dollar Recovery Stalls Stocks Extend Gains, while Yesterday's Dollar Recovery Stalls Reviewed by Marc Chandler on August 25, 2020 Rating: 5
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