UK vaccine deployment minister says confident to meet target of vaccinating vulnerable by mid-February 0 (0)

Comments by UK vaccine deployment minister, Nadhim Zahawi
That would be an encouraging start to the rollout plan but we’ll see if things will continue to progress smoothly in the coming months so as to allow for a better economic reopening in the spring and especially in the summer season.

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European equities pare gains as sentiment stays rather mixed on the session 0 (0)

DAX turns flat as European equities give up opening gains
Elsewhere, US futures are still holding on to slight gains with S&P 500 futures up 0.2% while Nasdaq futures are up 0.3%. Meanwhile, 10-year Treasury yields are nudging a little higher again as it is up 1.2 bps to 1.158% currently.

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China December M2 money supply +10.1% vs +10.7% y/y expected 0 (0)

Latest Chinese credit data for December has been released – 12 January 2021
Broad money growth eases slightly towards the end of last year but remains rather elevated as China continues to maintain a healthy supply of credit in order to try and bolster the economy amid the virus crisis.

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German chancellor Merkel expects lockdown to last until early April – report 0 (0)

Bild reports on the matter
The newspaper cites officials who took part in a meeting of the German CDU/CSU party, says that Merkel warned that the country still needs „eight to ten weeks of hard lockdown measures“, if not „we will have 10 times the number of cases by Easter“.

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