WeekWatch for 27th July 2020

WeekWatch for 27th July 2020

A seasoned hiker could have walked from Brussels to Amsterdam in the four days that Europe’s leaders took to agree on last week’s €750 billion recovery fund. But the lengthy talks appear to have provided a much-needed boost to the continent, and reassured investors in the process.

As the markets grew more confident that the deal would make it over the line, the euro strengthened against the dollar.

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