FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 20, 2020. REUTERS/Staff
Promising results from three major pharmaceutical companies on their vaccine trials encouraged a wave of optimism across global stock markets, with the latest poll signalling a dramatic change in expectation for the STOXX 600. “We expect the pandemic will be suppressed, that the relations between the U.S. and China will ameliorate, boosting global trade and the global economic recovery will continue,” he added, cautioning however that uncertainties remain significant.Analysts said possible risks for European equities could arise from new lockdowns, a failure to reach a Brexit deal and delays in the European Union’s policy response to ease the pandemic’s economic damage.
Since Pfizer’s announcement on Nov. 9, the global economic outlook has continued to improve, with IHS Markit’s euro zone composite PMI future output index jumping to 60.1 in November from 56.5 in October, its highest since February.
Normal for the wealthy maybe .. not anyone else
The financial world in the West is upside down! The Covid plagued western economies are fallen to the sidewalks, but the home furlough day traders are sending the stock indices sky high. This fairy story will end in drowning tears. Get out now while you still can
Ahhh yes “normal”
Hau god l丫(，飛