EU to receive 50 million doses of Pfizer vaccine earlier in Q2 rather than in Q4 as scheduled initially
That is a welcome boost for the vaccine rollout as EU president von der Leyen touts a milestone achievement for the bloc as they reach 100 million vaccinations. Things are starting to pick up now in the

Goldman Sachs reports strong earnings after JP Morgan

Latest data from the Mortgage Bankers Association for the week ending 9 April 2021
–  -5.1%
– Market index 667.7 vs 693.5 prior
– Refinancing index 2,916.7 vs 3,068.8 prior

JP Morgan earnings crushes the consensus
The firm’s trading desks had a great showing and soaring investment banking fees adds to the more upbeat results across the board. JPM CEO, Jamie Dimon, reflects on that in saying there is a „strong underlying performance across our businesses“.

EU budget commissioner, Johannes Hahn, says in a statement

Stock futures fall on the announcement
This being reported by the New York Times, as the FDA and CDC call for a pause in the Johnson & Johnson vaccine after six recipients were said to develop a rare disorder involving blood clots within about two weeks of the vaccination. More .

The market continues to wait on US inflation data later today
S&P 500 futures and Dow futures are now up 0.2% after having been relatively flat throughout the session with Nasdaq futures erasing losses of around 0.2% to keep near flat levels just above positive territory for now.

Latest data released by NFIB – 13 April 2021
– 95.8
US small businesses saw optimism grow as the index climbs to a four-month high in anticipation of stronger sales and expansion opportunities in the months ahead.

Latest data released by ZEW – 13 April 2021
ZEW notes that investors are somewhat less euphoric and fears of a stricter lockdown have led to a decline in expectations for private consumption.

Forex news from the European trading session – 12 April 2021
Headlines:
Markets:
– GBP leads, USD lags on the day
– European equities mixed; E-minis down 0.1%