European stocks seen higher as economic recovery, vaccine hopes drive risk-on sentiment

that more than 200,000 coronavirus cases were confirmed worldwide over a 24-hour period – a new record – with the Americas accounting for around 130,000 new cases. In the U.S., Florida and Texas reported record increases in new daily cases on Saturday, while cases rose in 39 states.

In corporate news, Commerzbank CEO Martin Zielke and chairman Stefan Schmittmann were ousted on Friday following a shareholder revolt led in part by U.S. private equity firm Cerberus Capital Management, with the search for new leadership taking center stage this week. On the data front, a host of construction PMI readings and retail sales figures are expected out of the euro zone on Monday.

VACCINE HOPES!?!!

The vaccine hopes:

Actual headline central bank is currently buying up securities markets around the world in trade for all this “free government money” people are using to buy tv’s.

economic activity is NOT recovering and theres still no vaccine in sight.

BREAKING a live virus always spreads the virus. Who wants to bet? I got an OunceOfGold

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