German health minister says expects Moderna coronavirus vaccine to be approved today 0 (0)

Comments by German health minister, Jens Spahn
This has been in the works for a while now, with the EMA expected to announce its decision some time today. They have sped up its usual authorisation procedures after having come under pressure from bloc members amid the messy vaccine rollout.

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UK’s Sunak: Will set out next stage of economic response in March 0 (0)

Comments by UK finance minister, Rishi Sunak
– March budget will be excellent opportunity to take stock
– Will lay out next steps on virus support measures at March budget
This follows the earlier of additional grants totaling £4.6 billion to aid businesses amid the third national lockdown in the UK.

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Heads up: UK PM Johnson to hold media conference later today at 1700 GMT 0 (0)

Boris Johnson to brief the media later in the day
I don’t think much else needs to be said following the national lockdown announcement yesterday . But we’ll see what else Johnson has in store for the public as the UK begins the seven-week lockdown; restrictions set to be reviewed next on 15 February.

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Gold stays buoyed to start the new year 0 (0)

Gold held off the dollar advance from yesterday and stays in a good spot above $1,940 in trading today
A surge in ETFs was part of the reason bolstering gold to start the new year, as holdings in SPDR Gold Shares increased by 1.5% – the biggest daily jump since September.
That shows that real money flows

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ECB’s de Cos: We can use full PEPP envelope or increase it if required 0 (0)

Comments by ECB policymaker, Pablo Hernandez de Cos
– Would not need full PEPP envelope if financial conditions persist
– Yield curve control is an option worth exploring
One of the less talked about issues as we start the new year is the divide among ECB policymakers at their last meeting in December.

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