Markets oscillate between the vaccine and Brexit: what happens today?



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Markets conducted by vaccine, but repressed by stagnation Brexi today.

Asian stocks rallied on advances in vaccines, bolstering investor sentiment.

However, tough Brexit negotiations, along with stimulus package negotiations in the US, have limited gains in riskier assets.

What happens in the markets?

Today’s markets: the double vaccine-Brexit effect

In Asia, today’s markets are betting on the economic recovery driven by the anti-Covid vaccine.

The MSCI Asia Pacific Index stabilized at 0.3%, heading for its sixth consecutive week of gains, while Japan’s Nikkei fell 0.4%.

Investors are targeting stronger growth next year as several countries are gearing up for vaccination.

The US authorities voted overwhelmingly in favor of the emergency use of the coronavirus vaccine Pfizer, while doses of Sinovac Biotech SVA.O from China are coming off a Brazilian production line.

European equities were down, Euro Stoxx 50 futures were down 0.3% and UK FTSE futures were down 0.2%.

They weigh on some markets i conversations about American stimulus, which have not progressed, and Boris Johnson’s latest statements about a No deal closer.

Overnight on Wall Street, the Dow Jones Industrial Average fell 0.23%, the S&P 500 lost 0.13% and the Nasdaq Composite gained 0.54%.

US stocks have been mixed since US fiscal stimulus In the short term, it seemed unlikely after House Democratic Speaker Nancy Pelosi warned that the coronavirus budget and aid package problems could drag on until Christmas.

Meanwhile, the number of Americans who have filed applications for Unemployment benefit For the first time, it rose more than expected last week as rising infections prompted tighter trade restrictions.

However, the strong appetite for Recent IPOs showed that investors were generally bullish on equity markets.

On Thursday, December 10, the shares of Airbnb more than doubled on its stock market debut, valuing the company at just over $ 100 billion in the largest U.S. initial public offering (IPO) of 2020.

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