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Polish central bank moves to weaken zloty amid virus

Bloomberg Poland’s central bank moved to weaken the zloty for the first time in a decade, delivering on a warning that it won’t tolerate a stronger currency as the economy tries to recover from the Covid-19 pandemic. Sales by the bank helped push the zloty down by as much as 1.7% against the euro in low-volume trading, according to two ...

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Bitcoin faces regulatory scrutiny after record-breaking rally

Bloomberg It’s been a tough year by all accounts. But for Bitcoin, 2020 has been a marvelous time. The cryptocurrency almost quadrupled, surpassing $20,000 for the first time as it notched record after record. The diehards cheered it as an inflation hedge in an era of unprecedented central bank largesse. Wall Street veterans from Paul Tudor Jones to Stanley Druckenmiller ...

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Global stocks head for fresh record on US virus relief bill

Bloomberg Stocks rise with a the global gauge heading for records as a wave of stimulus optimism buoyed equities from Germany to Japan. The dollar slipped with Treasuries. European equities rise 1% with every industry subsector except banks and energy firms in the green. US futures climbed and the MSCI ACWI Index touched its highest level after US lawmakers backed ...

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