Pfizer may not be able to give more vaccines to the US until next June due to its commitments to other countries, as recently reported in the news. Meanwhile, the UK will be the first country to introduce the Pfizer/BioNTech coronavirus vaccine, which the UK government announced on Sunday. The National Health Service said the first doses will be given to healthcare professionals and Britons over 80 starting Tuesday.
It is expected that about 800,000 doses will be administered during the first week. Pfizer and BioNTech may get FDA approval at their meeting on Thursday. Markets are looking at an optimistic outcome and faster economic growth in 2021.
A sense of caution has returned to global markets as investors try to balance the prospect of increased government stimulus and central bank liquidity with the grim pandemic reality when California announced new business restrictions. California is America’s most populous state and its largest economy, so this could have dire consequences for the recovery of the entire country.
US Labour Market in Distress As Inflation Spikes
The number of US nonfarm jobs (NFP) increased for the 7th straight month, but the pace of job addition slowed markedly in November.
The 30-year break-even US inflation rate – a measure of financial market expectations for long-term price pressures – rose to 2% on Monday, hitting its highest level in nearly 19 months, falling below 1% in March.
The recent rise in inflationary expectations may be linked to expectations of additional US fiscal stimulus and hopes for a rapid global recovery from potential coronavirus vaccines, as well as the rise in gold, a traditional inflation hedge.
President-elect Joe Biden said last week that the government could conduct yet another round of incentive coronavirus tests for families. The world’s largest economy is struggling with the second wave of coronavirus.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.