Whether the UK and the EU can still strike a deal on the post-Brexit trade relations, remains uncertain, according to the German Minister of State for Europe, Michael Roth. Despite the agreement previously reached, uncertainties regarding the implementation of the Withdrawal Agreement still exist. No substantial progress has been made in the negotiations specifically between Brussels and London, said Roth. A new topic was the latest meeting between Ursula von der Leyen, European Commission President, and Boris Johnson, British Prime Minister.
Johnson & Johnson expects trial results earlier than anticipated
Chairman and CEO of Johnson & Johnson, Alan Gorsky, stated that the company is anticipating the results of late-stage trials of its vaccine much earlier than previously expected. The necessary information of the trial was originally anticipated in January, according to Gorsky. During October, J&J reportedly halted their vaccine trial due to a candidate having suffered a stroke. However, the trials were resumed shortly after.
Wall Street premarket experiences continuous losses due to Covid-19 fears
Major stock indices in the US have experienced extended losses in premarket trading, as a result of the World Health Organization warning that vaccines against Covid-19 will not be adequate enough to provide a barrier of immunity. In addition, new tension was observed between the US and China. Beijing has issued a statement that countermeasures will be introduced should Washington withdraw decisions to sanction 14 members of the Chinese Communist Party. The Dow Jones decreased by 0,41%, while the Nasdaq 100 slipped by 0,25% and the S&P fell by 0,42%.[/vc_column_text][/vc_column][/vc_row]