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Risk-On After Positive Pfizer Lg Study Results

SNAPSHOT

Rates gap lower, S&P futures surge after Pfizer headline announces vaccine "prevents 90%" Covid-19 infections. Key mkt levels:

  • S&P E-Mini Future up 88 points (2.51%) at 3552.25
  • US 10-Yr yield is up 3.6 bps at 0.854%
  • US Dec 10Y are down 7/32 at 138-10.5
  • EURUSD up 0.0003 (0.03%) at 1.1867
  • USDJPY up 0.61 (0.59%) at 103.78
  • WTI Crude Oil (front-month) up $1.35 (3.63%) at $38.46
  • Gold is down $2.78 (-0.14%) at $1954.27
  • European bourses:
  • EuroStoxx 50 up 51.45 points (1.61%) at 3258.79
  • FTSE 100 up 71.39 points (1.21%) at 5990.85
  • German DAX up 221.58 points (1.78%) at 12712.28
  • French CAC 40 up 72.43 points (1.46%) at 5038.95

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