Risk flows began to dominate financial markets on Monday after Moderna announced that the latest trial showed that its coronavirus vaccine candidate was 94.5% effective. In addition, the company said the vaccine is expected to remain stable at standard refrigerator temperatures of 2-8 ° C for 30 days, according to Reuters.
The company further noted that the vaccine lasts 6 months in shipping and long-term storage conditions at standard freezing temperatures of -20 ° C (-4 ° F).
According to the statement, Moderna will seek authorization for the emergency use of the vaccine in the United States in the coming weeks. Furthermore, the company added that already has millions of ready-to-ship doses pending FDA clearance.
Market reaction
With the initial market reaction, the oro came under heavy selling pressure and the XAU / USD pair was last seen losing more than 1% on a daily basis at 1.865.
In addition, futures of the S&P 500 They are up 1.05% on the day, confirming the positive shift in market sentiment.
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