The US pharmaceutical company Pfizer announced positive results from its vaccine trial on Monday against the coronavirus, sending risk assets higher. The most notable move was in the US junk bond market, where the yield fell more than 40 basis points to hit a new all-time low of 4.56%. Without a doubt, a vaccine will […]
Tag: Macroeconomy
The French economy operates 12% below normal levels under the new lockdown – Bank of France survey
The French economy operates 12% below normal levels under the new lockdown versus the 31% loss seen during the April lockdown, according to the monthly survey of the Bank of France carried out on 8,500 business leaders. “Go sservices that required direct contact with customers would be the most affected, with a 40% drop in […]
Joe Biden will be the next president of the United States
Joe Biden will be the 46th president of the United States. All the major media in the country, such as CNN, NBC, ABC, Associated Press and Fox News announced in mid-afternoon on Saturday that the Democratic candidate had emerged victorious from his duel against current President Donald Trump. Four days after the elections held on […]
Australian Treasury Secretary Says Economic Recovery Could Be Tainted Without Fiscal Boost
Strong fiscal stimulus is needed without which the economic recovery is likely to falterAustralian Treasury Secretary Steven Kennedy said in an interview with The Guardian on Friday. Key Comments: “The measure would allow the government boost the economy whenever it weakens rather than just after a ‘big hit’ like a pandemic. ” “Given the lack […]
Germany reports around 20,000 new cases, record daily increase
According to the latest statistics published by the Robert Koch Institute (RKI), Germany reported 19,990 new coronavirus infections on Thursday. This is the Record daily rise in new virus cases, despite “soft lockdown” already underway. The total count now stands at 597,583 this Thursday. On Wednesday, the total count increased by 17,214. The death toll […]
Raab says the lockdown will definitely end on December 2
Amid the electoral chaos in the United States, the UK Foreign Secretary, Dominic Raab, said in a statement on Wednesday that the national lockdown will definitely end on December 2.. The tranquility of Raab has offered no respite to sterling bulls, with the GBP / USD falling 0.86% on the day and trading at 1.2941 […]
The crisis is not over, economies must continue to offer fiscal support – Reuters
The International Monetary Fund (IMF) warned on Monday that the coronavirus crisis is not over yet, urging economies to continue offering fiscal support to allow for a healthy recovery, according to Reuters. Featured statements: “The support must be maintained throughout the crisis. A premature withdrawal of aid would further damage livelihoods and increase the likelihood […]
Germany reports 15,352 new cases and highest daily death count since May
According to the latest statistics published by the Robert Koch Institute (RKI), Germany reported 15,352 new infections on Tuesday by coronavirus. Total count now stands at 560,379 this Tuesday. On Monday, the total count increased by 12,097 due to the “weekend effect.” New deaths increased by 131, the highest since early May, with the total […]
Germany reports another record daily increase of 18,681 new cases, most of the country considered “high risk”
Germany has reported another record daily increase in coronavirus infections, an increase of 18,681 new cases. as the latest statistics released by the Robert Koch Institute (RKI) on Friday have shown. The number of total cases now stand at 499,694, close to the 500,000 level. On Thursday, the total count increased by 16,774. New deaths […]
Delfraissy says new lockdown due to COVID-19 may extend beyond December 1
France’s national lockdown could be extended beyond its initial December 1 deadlinethe government’s scientific adviser, Professor Jean-François Delfraissy, said Thursday. Delfraissy has said: “By December 1, we will not be in 5,000 infections a day. I can say it today. We will need more time“. His comments come after the president Emmanuel Macron said Wednesday […]
