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Polish economy ready for rebound to pre-virus boom

Bloomberg Poland has “undoubtedly” emerged from its first economic slump in three decades, while European Union (EU) stimulus and a government plan to boost spending will stabilise the economy and ensure strong growth in the coming years, Deputy Prime Minister Jaroslaw Gowin said. Polish output shrinks for a fourth straight quarter in the first three months of this year. But ...

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China stocks rise most since July amid record foreign purchases

Bloomberg China’s equity benchmark rallied by the most since July as investors piled into stocks amid attempts by policymakers to contain commodity prices. The yuan also advanced to its strongest since 2018. The CSI 300 Index closed 3.2% higher at its strongest since early March, driven by gains in consumer staples equities. The surge came as overseas investors net purchased ...

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Futures buoyed by Fed price comments; dollar weakens

Bloomberg US equity futures rose Tuesday along with European stocks after Federal Reserve officials played down the risk of persistent inflation. A gauge of dollar strength against a basket of peers headed for the lowest level since January. The Stoxx Europe 600 index was on track for a fresh record high, with technology stocks boosted by results from Aveva Group ...

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