Germany's finance minister Scholz: Germany needs to take on significant debt in 2021 - Bloomberg

Market news

8 September 2020

Germany's finance minister Scholz: Germany needs to take on significant debt in 2021 - Bloomberg

We are seeing some good data on the economy
Germany will need to suspend debt rules in 2021 again
German budget will be in line with debt rules in 2022
Recovery measures are the start of a fiscal union

GBP/USD: Noisy tone around Brexit to keep the pound on the defensive - TDS

U.S. Stocks open: Dow -1.36%, Nasdaq -3.14%, S&P -1.91%

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