Tuesday, 4 Aug 2020

CEE MARKETS-FX up, mirrors euro gains; zloty shrugs off COVID-19 spike

By Radu-Sorin Marinas BUCHAREST, Aug 4 (Reuters) – The Polish zloty and the Czech crown led Central European currency gains on Tuesday, mirroring the euro’s firming against the dollar, while shrugging off a spike in new coronavirus infections in the region’s biggest economy. The euro, which strengthened 5% at the dollar’s expense last month, inched […]

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Kuwaiti lessor Alafco reaches deal with Boeing in 737 MAX dispute

DUBAI (Reuters) – Kuwaiti aircraft leasing company Alafco (ALAF.KW) will buy fewer aircraft from Boeing (BA.N) after reaching an agreement to end its legal claim over a cancelled 737 MAX order, it said on Tuesday. Alafco was suing the U.S. planemaker for $336 million over accusations it wrongly refused to return advance payments on a […]

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World shares hit five-month high; European shares, dollar falter

LONDON (Reuters) – European shares fell after opening higher, following a mixed bag of earnings results, while the dollar’s rebound stalled as investors waited for progress in talks on government aid in the United States. Strong U.S. manufacturing data boosted sentiment through the Asian session, even as Sino-U.S. relations took a turn for the worst. […]

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