Daily Market Review: Covid-19 Vaccine Trials Boost Sentiment, RBNZ Decides on Rates
Channel: JFD Brokers
Date: 10/11/2020

Daily Market Review by Charalambos Pissouros

Equities around the globe rallied yesterday after Pfizer Inc. and BioNTech SE said that their experimental vaccine was more than 90% effective in preventing #Covid19. The news came on top of Joe #Biden ’s victory in the US elections and helped Dow Jones and S&P 500 hit new record highs. As for tonight, during the Asian morning Wednesday, the #RBNZ decides on monetary policy. We don’t expect any policy changes, thus, we will look for clues and hints with regards to officials’ future plans.

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