BFJ Research
10.11.2020

 

Trending News Headline

Equity
Pfizer Pfizer and BioNTech’s Covid-19 vaccine found to be 90% effective
Softbank SoftBank removes Rajeev Misra and Marcelo Claure from board
VF VF snaps up streetwear line Supreme in $2bn deal
Apple Apple supplier Pegatron found using illegal student labour in China
 
Fixed Income
US Bond The yield on 10-year Treasuries climbed 10 basis points to 0.92%.
 
Currency
USD Republican Senate majority leader Mitch McConnel defends Trump’s pursuit of election challenge; Donald Trump sacks defence secretary Mark Esper
GBP Boris Johnson has created a cross-government group to attract foreign investment in strategic projects as Downing Street works to bolster the UK’s post-Brexit appeal.
 
Metal
Gold Gold was at $1,863.73 an ounce. It dropped 4.5%.
 
Energy
WTI West Texas Intermediate crude fell 1.1% to $39.84 a barrel, paring a 7.3% surge earlier
 
COVID-19 Global Pandemic Latest
Region Confirmed Cases New Cases Recovered
Global 51,210,761 +459,287 36,022,312
U.S. 10,409,880 +113,613 6,541,376

Charts to Watch

Chart 1. Covid vaccine breakthrough fuels broad global equity rally

Chart 2. EU exports to China has raised once again since Covid 

Daily Directional and Trending Screen