NAB Morning Call Markets take a breather, but standby for more vaccine news
Nov 17, 2020
12:25
Wednesday 18th November 2020There was no new vaccine news overnight and the markets seemed a little disappointed by that, with equities down and a move to government bonds. But NAB’s Tapas Strickland says this respite could be short lived, with the results of the Oxford vaccine trials imminent. Meanwhile, there seems to be less of a temptation to take an overly negative view despite the rising COVID-19 cases and sluggish retail sales in the US. The pound has been helped by positive talks around Brexit, although it’s unlikely any deal will be reached this week. And central banks are suggesting that financial regulators are stopping investors dipping into their savings.
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