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Friday preview: US non-farm payrolls in focus
All eyes will be on the May US employment report on Friday.
Europe close: Investors 'sell the news' as ECB and Berlin up stimulus
Stocks dipped on Thursday but finished off their lows of the session after the European Central Bank surprised markets with a larger-than-expected increase in its bond buying programme against the pandemic, known as PEPP.
Euro bounds higher on news ECB rate-setters saw a 'unanimous need to act'
The European single currency bounded higher and government bond yields on the periphery caught a bid after the European Central Bank ramped-up its latest emergency bond buying programme.
US trade deficit jumps by nearly 17% in April as exports slump
America's shortfall on trade in goods and services with the rest of the world widened by less than expected in April.
Weekly US jobless claims continue to slowly fall back
Layoffs in the US continued at a furious, even if a bit slower, pace last week and a jump in so-called secondary unemployment claims appeared to show that gross hiring was recovering only slowly.
US Q1 labour productivity revised sharply higher
Labour productivity in the States fell by less than expected at the start of 2020, revised figures showed.
Europe midday: Stocks pare losses after ECB surprises on bond purchases
Stocks came off their lows of the session after the European Central Bank surprised markets with a larger-than-expected increase in its bond buying programme against the pandemic, known as PEPP.
German ruling coalition agrees on second stimulus package worth 130bn euros
Chancellor Angela Merkel managed to break an impasse between lawmakers from the governing coalitions two parties, both of which are facing elections in late 2021.
ECB boosts asset purchases under Covid-19 PEPP programme by 600bn euros
The European Central Bank more than delivered on economists' expectations for further easing.
Europe open: Stocks dip ahead of ECB
Stocks were trading a tad lower as investors paused for breath and ahead of Thursday's monetary policy announcement from the European Central Bank.