Market Quick Take – November 10, 2020

Global markets got quite a jolt yesterday after US drug company Pfizer announced that trials of its Covid-19 vaccine had prevented some 90% of infection. The initial reaction was a massive rally in equities, particularly in sectors and geographies like Europe, where the virus has hit most heavily. But later,...

Commodities jolted on Pfizer vaccine news

Precious metals and energy have reacted strongly in opposite directions after Pfizer and BioNTech earlier today said their coronavirus vaccine was more than 90% effective in preventing Covid-19.Precious metals and energy have reacted strongly in opposite directions after Pfizer and BioNTech earlier today said their coronavirus vaccine was more than...