Week in review: COVID-19 menace, Pound rises, Treasury vs Fed

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The risk pendulum swung back and forth this week as investors juggled with conflicting themes influencing global sentiment.

 

On one side of the equation, vaccine optimism boosted investor confidence and increased attraction for global equities. However, surging coronavirus in the United States coupled with lockdown restrictions in Europe capped risk appetite, lending minor support to safe-haven assets. The pressing question on the mind of many investors was where will the markets go from here?

 

Good news from Moderna on Monday afternoon brightened the market… Read More:

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