Pfizer Vaccine Partially Protects Against New COVID-19 Variant
ZFX – Studies show that the Pfizer vaccine can only partially protect against the Omicron variant. The Omicron variant of the coronavirus could partially evade protection from two doses of Pfizer Inc (NYSE:PFE) and partner BioNTech’s COVID-19 vaccine, the head of laboratory research at the African Health Research Institute in South Africa said Tuesday. However, View more
RBA Not in a Hurry to Take Up Policy
ZFX – Australia’s central bank kept interest rates at 0.1% on Tuesday and stuck with its bond-buying plans, resisting pressure to follow its US counterpart in earlier stimulus cuts. Concluding the last policy meeting of the year, the Reserve Bank of Australia’s (RBA) Board noted the emergence of the Omicron variant, but was confident it View more
Euro Countries Strengthening Measures Against New COVID Variant
ZFX – The World Health Organization’s regional office for Europe issued a warning last week that the new COVID-19 outbreak in more than 50 countries in the region was cause for concern, and that the eurozone was once again becoming a major concern in becoming the “center” of the epidemic. Office director Klug pointed out View more
As Omicron Worries Ease, Oil Prices Rise More Than $1/bbl
Harga minyak memperpanjang kenaikan pada hari Selasa dari rebound hampir 5% sehari sebelumnya karena kekhawatiran tentang dampak varian virus corona Omicron pada permintaan bahan bakar global mereda sementara pembicaraan nuklir Iran terhenti, menunda kembalinya minyak mentah Iran. View more
Forex Fundamentals of the Week (6 – 10 December): 2 Major Central Bank Decisions and US CPI
ZFX – In our Forex Fundamentals this week, we’re going to have a very busy week as we have the RBA and the Board of Commissioners rate decisions, plus the U.S. CPI release! What do analysts expect from each top-level event? Key Economic Events: RBA rate statement (7 December, 22:30 GMT+7) Australia’s central bank is View more
CBI Cuts UK Economic Growth Forecast
ZFX – The UK economy looks set to grow more slowly than previously thought throughout 2023 due to global supply chain issues, as well as the role the government should play in encouraging long-term business investment, the employers group said. The Confederation of British Industry (CBI) cuts its forecast for economic growth to 6.9% in View more
Summary of Important News for Friday, December 3, 2021
ZFX – here are the important market news for the day: The US will announce the number of Non-Farm Employment Change numbers for November, which is expected to be 553,000 positions. Therefore, investors are advised to be cautious or avoid trading the USD pairs during this period as they may experience significant short-term price volatility. View more
Japan Skyrockets in Service Sector Growth
ZFX – Japan’s service sector activity grew at its fastest pace in more than two years in November as new business surged, signaling stronger consumer confidence as the coronavirus pandemic eases. The world’s third-largest economy has lagged behind other developed economies in recovery, as the pandemic hit with coronavirus-related activity restrictions for part of the View more
Google Wants Workers to Continue WFH
ZFX – Google will not require its employees to return to the office on January 10 as expected, according to an email sent to employees Thursday and seen by CNBC. The company’s VP of Security, Chris Rackow, wrote in an email to full-time employees that they will wait until the new year to assess when View more
New Omicron Variant to Affect Markets
Concerns about the impact of the Omicron variant of the coronavirus increased today after the first case was detected in the United States. The Bank of Japan is moving to warn the economy as many countries begin to respond with stricter containment measures. The first known case in the United States was a fully vaccinated View more