covid

Earlier this week we had two notably contrasting outlooks on the evolution of the covid-19 pandemic. In an interview, Bill Gates said that it was unlikely for it to be over by at least well into 2022. On the other hand, the CEO of…
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As illustrated in a Nature article published on Tuesday, scientists are puzzled by the preliminary results of covid tests. Given expectations and historic vaccination results, there appears to be something odd going on. And something…
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Shares in US pharmaceutical company Pfizer have seen plenty of action over the last week. The company announced last week that itself and its German partner BioNTech had successfully proven their candidate COVID vaccine to be over 90%…
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Retail sales in the US have not returned to pre-pandemic levels, despite the significant growth over the summer. Since peaking in July, retail sales have been running at around 82-87% of comparable years. Chain-store sales suffered more,…
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Just a few years ago, the financial world was overtaken with the idea of bitcoin, competing cryptocurrencies, and blockchain. A fully digital "currency" found quite a bit of interest among investors. Many companies hastened to put out…
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Gold Gold has been firmly lower this week as the markets continued to digest the latest news within the COVID landscape. Pfizer and its German partner BioNTech announced that their vaccine has achieved more than 90% effectiveness in…
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Greenback regains lost ground The US index held on to the 93 handle yesterday as it closed almost 0.50% higher. The move came as investors became cautious after a Johnson & Johnson COVID-19 study was paused, reducing optimism about…
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US Government Hints at Revised Stimulus  The dollar index lost some momentum on Wednesday as it closed 0.18% lower. Stimulus negotiations were originally postponed until after the US Presidential Elections. However, yesterday’s tweet…
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Thursday could be a busy day for the Swiss Franc, with two fundamental events. First is the release of September unemployment data, and then we have SNB’s Jordan giving a press conference. We’ll focus on the unemployment data because…
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Yesterday's Flash PMIs for September marginally disappointed analysts, lending credence to worries that there might be a slowing in the pace of the recovery. The figures also affirmed a trend among developed nations, with manufacturing…
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