The market is not optimistic about the rebound of the epidemic, The EU will report on the progress of trade negotiations next Wednesday

The market is not optimistic about the rebound of the epidemic
US Secretary of Health Aza said that if vaccines developed by large pharmaceutical companies and German partner companies are urgently authorized for use, the US government can vaccinate citizens as soon as December. In addition, Fauci, director of the infectious disease department of the US Institute of Health, said that biotech companies may release data from a large-scale test of the new coronavirus vaccine in the next few days to more than a few weeks. However, according to figures from Johns Hopkins University in the United States, there were more than 200,000 new confirmed cases of the new crown virus in the United States in a single day, a new single-day high. In addition, the situation of the global epidemic rebound is not too optimistic, making the market linger on the fear of a new wave of epidemics worldwide.

The EU will report on the progress of trade negotiations next Wednesday
“Reuters” quoted news as saying that EU diplomats will not report the latest developments in trade negotiations to member states at the EU meeting this week, but will only report on the next Wednesday. If the news is true, it indicates that the 15th of this month will not be the final deadline for the negotiations between the UK and the EU. At the same time, it also reflects that the EU and the UK may not be able to finalize a “Brexit” trade agreement before the middle of this month, as market expectations.

Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/