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Midday Market View

Russian health ministry has approved coronavirus vaccine developed by Moscow's Gamaleya Institute. He hopes Russia will start mass production of coronavirus vaccine very soon. European indices are hovering near 2% gains on the session now with US futures also creeping higher.

Midday Key Point

  • Germany August ZEW survey current situation comes at -81.3 vs -69.5 than expected.
  • Russia president Putin says have approved first Russian-produced coronavirus vaccine.

Similar

Cable climbs to fresh two-month high

US stock markets are set to open mixed as the post-Pfizer rally is reassessed, but cyclicals are still clearly outperforming the growth and momentum names that have notched the biggest gains during the pandemic.

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