Wall Street & Bitcoin are rising again amid approval of trillion dollar package in the U.S.

Wall Street and Bitcoin open up the month of March driven by the US stimulus package.

On the radar, after Bitcoin’s nearly 20% drop and last week’s rally of up to 1.6% in treasury yields, U.S. Treasury bonds fell to 1.44%.

Also in the US, the $1.9 trillion package to contain the economic impacts of the coronavirus has been approved by the House of Representatives, and is now on its way to the Senate.

Meanwhile, the CDC (Center for Disease Control and Prevention) advice from the United States voted unanimously to recommend the use of the single-dose vaccine developed by Johnson & Johnson for people 18 and older.

The company is expected to supply 4 million doses initially.

According to official figures, by Sunday the United States had vaccinated 22% of its population. In Brazil, 3.11% of the population was vaccinated by Sunday.

In Europe, industrial activity in the eurozone accelerated in February thanks to improved demand, the Purchasing Managers’ Index (PMI) survey showed on Monday, although the leap has led to a shortage of materials raw materials and high input costs.

Asian stocks closed higher on Monday, despite China’s official PMI manufacturing index registering 50.6 points in February, according to data released by the National Statistics Office. The level is below that registered in January, of 51.3 points, but above the mark of 50 points, which separates the expansion from the contraction of the activity.

The Caixin / Markit (PMI) industry PMI fell to 50.9 last month, the lowest level since May. Analysts polled by Reuters had expected the index to repeat the January 51.5 mark.

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