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Week Begins On Optimistic Note

EQUITIES

Positive vaccine news (AZN/Oxford this morning adding to other promising candidates) helping buoy risk assets across the board, with equities/futures gaining to start the week.

  • In Asia, markets closed higher (Japan closed for holidays): China's SHANGHAI closed up 36.763 pts or +1.09% at 3414.49 and the HANG SENG ended 34.66 pts higher or +0.13% at 26486.2.
  • European equities are stronger, with the German Dax up 129.11 pts or +0.98% at 13274.55, FTSE 100 up 19.88 pts or +0.31% at 6387.31, CAC 40 up 39.32 pts or +0.72% at 5549.01 and Euro Stoxx 50 up 26.67 pts or +0.77% at 3495.81.
  • U.S. futures are higher, with the Dow Jones mini up 206 pts or +0.71% at 29418, S&P 500 mini up 22.25 pts or +0.63% at 3576.5, NASDAQ mini up 50.25 pts or +0.42% at 11956.
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