U.S. equity contracts and European shares are on the rise with oil, rebounding from Friday’s steep decline due to fears of a new virus variant. There are reports that this strain’s symptoms are relatively mild, but the WHO warns of “severe consequences.”
Pfizer's preliminary analysis of its COVID-19 antiviral pill provided very high success rates. Pfizer's CEO has spoken of his company's pill as a "game-changer." Is he right? How might this pill affect the stock prices of Pfizer and its competitors, as well as the broader market?
Japanese assets, including the nation’s currency and stocks, are seen to be pressured by exceptional inflation amid surging energy costs, which has the potential to leave a strong impact, considering the country is an energy importer.