Archive for November 16th, 2020

New Overnight Developments Abroad - Daily Update

Encouraging Vaccine News and Economic Data Send Equities and Oil Higher Up But Depress Dollar

November 16, 2020

A second Covid vaccine developer, Moderna, reported 94% effectiveness in early trials, and the pace of new cases in France, which was soaring, has subsequently slowed a bit. Japanese real GDP rebounded more sharply than anticipated in the third quarter, climbing at a 21.4% annualized rate, breaking a streak of three straight quarterly declines, and […] More