Markets higher this morning on vaccine optimism

Markets higher this morning on vaccine optimism

Share on facebook
Share on twitter
Share on linkedin

Optimism is high that coronavirus vaccine programs will begin rolling out before the end of the year. Following successful trials from Pfizer and Moderna, data from mid-stage trials by AstraZeneca and Oxford University indicated a strong immune response. Stocks in the UK and Europe have followed Asian markets and US futures higher this morning.

On Friday, European ended a little higher. European Commission President Ursula von der Leyen said that vaccines could be approved before the end of the year. US stocks came under pressure late in Friday’s session, closing negative for the day.

Disclaimer:  ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’

Download Our Free Brochure