Pfizer: 3 doses of vaccine neutralises the omicron variant 0 (0)

A two-dose vaccine is significantly much less effectivePfizer, BioNTech working on omicron-specific vaccineHopes to have that available by MarchAnd with that, is the omicron saga already dead on arrival?The details of Pfizer’s revelation shows that a third dose increased antibodies 25-fold as compar

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Cable slips to fresh lows for the year as pound falls on imminent further virus measures 0 (0)

The pair is down 0.4% on the day with the pound moving to be the laggard in the FX space. This comes amid news of imminent further COVID-19 measures by the UK government to get ahead of the omicron variant.

The relative uncertainty posed by omicron is still a key risk for markets and today is a

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Risk mood takes a knock as virus fears are reignited 0 (0)

S&P 500 futures have pared its earlier gains and European indices are now sitting modestly lower on the session with the travel and leisure sector extending declines to be down 1.6% on the day.
The risks don’t matter until they do and this is a classic example of that.
Going back to the UK situation

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New COVID-19 restrictions looking imminent for the UK 0 (0)

Multiple sources are reporting on the matter with a supposed „Plan B“ to be implemented whereby we will see:Recommendation to work from homeCOVID-19 passports for large venuesAdditionally, an update to international travel measures will also come into place later but they will be kept as it is for n

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ECB’s Rehn: Inflation should ease from early next year 0 (0)

We might get more clarity in the next few weeksSometimes better to bide time before making a decisionHe’s likely alluding to the relative uncertainty presented by the omicron variant. That adds to complications in trying to sell the idea that they are going to step up APP purchases next year. Not le

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ECB’s Kazimir: It is important we do not tinker with APP purchases 0 (0)

ECB should not make too long commitments on asset purchasesAPP will be the key instrument in the futureMedium-to-long-term inflation risks skewed to the upsideECB should be wary of premature tighteningI reckon he’s mentioning that they shouldn’t  be tweaking APP purchases yet. Because reading his ot

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The Worst-Case Scenario for Bitcoin 0 (0)

On Monday, along with rising risk appetite in global markets, buying interest in cryptocurrencies returned. The cryptocurrency fear and greed index added 9 points to 25 overnight. This is still an area of extreme fear, but recent dynamics of the largest coins indicate that this is now the moment for

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Germany December ZEW survey current conditions -7.4 vs 5.0 expected 0 (0)

Prior 12.5
Outlook 29.9 vs 25.3 expected
Prior 31.7

The headline reading turns negative for the first time since June as German economic sentiment deteriorates. Supply bottlenecks, surging inflation pressures, and added virus concerns make for a potent combo in hurting the outlook

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USD/JPY grinds to a one-week high but upside momentum still limited 0 (0)

The grind higher comes amid a more positive risk backdrop as omicron fears are cast aside temporarily. That is also allowing for higher Treasury yields, further buoying yen pairs in general.
Scant data continues to reveal that omicron may be more transmissible than delta but is perhaps less severe.

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