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Pfizer Inc submitted early data on vaccine enhancement to FDA.
Early data submitted by Pfizer Inc and BioNTech SE to US regulators showed that a third dose of their Covid-19 vaccine eight to nine months after the completion of the initial vaccination program produced higher levels of protective antibodies. According to Monday's announcement, the two companies expect to have the results of a larger final phase of the trial soon, which will be submitted to the U.S. Food and Drug Administration, the European Drug Administration and other regulators. Pfizer Inc said last month that based on early data, the company would apply to US regulators for emergency use authorization for its vaccine. Early data show that vaccination
The Bank of England turns to hawks to rekindle sterling's rally ahead of a new outbreak
Thanks to the Bank of England's shift to hawks, the pound is about to enter a new period of strength against the euro. Traders' expectations for an interest rate hike in February rose to 60 per cent; the Bank of England made it clear last week that the countdown to an era of ultra-low borrowing costs would begin. That gives the pound the potential to break through £0.85 to the euro, its highest level since February 2020, a barrier it has failed to break since early April. The pound rose 4.2 per cent against the euro in the first half, the biggest gain since 2015, but has stalled recently. In the past month, the number of Covid-19 infections in the UK has soared, forcing people to watch
Virgin Galaxy rose more than 37% before trading, and the company's next manned flight test window will open on July 11.
Virgin Galactic (SPCE.N) rose more than 37% before trading, the company announced that the next manned flight test window will open on July 11, this will be the company's first flight test with a full crew, and company founder Branson will also board the ship for testing.
European stocks closed slightly lower on Wednesday, and the Pan-European Stoxx 600 Index rose more than 13% in the first half of this year
FX168 Financial News (North America) The European stock market rose strongly in the first half of 2021, but fell slightly on the last trading day of the second quarter, Wednesday (6/30), as investors continued to worry about the COVID-19 pandemic and rising inflation. The Pan-European Stoxx 600 Index closed down 3.53 points, or 0.77%, to 452.84 points. However, the stock index has accumulated gains of more than 13% so far this year; Spain's IBEX35 index closed down 96.10 points, or 1.08%, to 8819.00 points; Italy's FTSE MIB index closed down 255.
Fed Kaplan says the market knows the downsizing is coming, but it's just a matter of when.
Robert Kaplan, president of the Dallas Federal Reserve Bank, said the reduction in central bank asset purchases should be "gradual" and reiterated the view that it would be prudent to start the process sooner rather than later. "if we take our feet off the throttle now, we will have more flexibility to avoid more sudden actions in the future," Kaplan said in an interview with television Michael McKee. "these asset purchases are very important and useful in 2020 and will help at the beginning of this year. Now we don't have a demand problem, we
In the face of high valuations and downsizing prospects Wall Street warns that the best days for corporate bonds may be over
High valuations and the prospect of tapering Fed stimulus have led a growing number of analysts and investors to warn that the best days for the corporate bond market may be over. The reopening of the economy, strong corporate earnings and unprecedented Fed support helped push the risk premium on high-grade and high-yield bonds to their lowest level in more than a decade in the first half of the year. With talk of downsizing looming and the prospect of a gradual rebound in Treasury yields, many on Wall Street warn that it is time for credit investors to take defensive measures. "valuation alone is enough to take a more cautious or at least neutral stance on credit," manage $564 billion
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