Vaccine optimism dimmed by new strain

Published: Dec. 14, 2020, 7:18 p.m.

b'Tuesday 15th December 2020The markets lost some of their mojo today. They kicked off well as the US starts its vaccination program, but the UK health secretary upset the apple cart by announcing that the rise in infections in and around London has been attributed to a new, faster-spreading variation of the virus. As NAB\\u2019s Ray Attrill point out, there is no suggestion that vaccines won\\u2019t be responsive to the new strain, but it could mean we see more lockdowns and restrictions \\u2013 as evidenced by Germany, London and, potentially, New York. There\\u2019s hope a fiscal stimulus deal will be reached in the US this week, with the wording for a potential bill to be released in the next few hours. China\\u2019s activity numbers will be the main data point today. Oh, and Brexit talks continue.


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