By Gina Lee Investing.com – The dollar ended the week on a high note on Friday, with investors turning to the safe-haven dollar as simmering U.S.-China tensions flared up. The greenback was boosted by reports on Thursday that China was planning controversial national security laws for Hong Kong in the aftermath of pro-democracy protests in the city in the second half of 2019.
(Bloomberg) -- Two of Europe’s most cash-strapped countries are stepping up bond sales to fund the surge in spending needed to shore up their pandemic-battered economies.
(Bloomberg) -- Britain posted a record budget deficit in April as the government unleashed an unprecedented package to prevent the collapse of the virus-stricken economy. The budget deficit stood at 62.1 billion pounds ($76 billion) last month, the Office for National Statistics said Friday. The figure is equal to the total borrowing in the whole of the previous fiscal year.
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