Monday, September 21, 2020

European Morning Wrap


Munich reportedly to tighten limits on gatherings starting from Thursday

Private gatherings will be restricted to no more than 5 persons or two households, including for eating out at restaurants This is a bit of a big change, as there is no limit for private gatherings at home and those meeting in public spaces can only do so in a group of up to 10... Read full article


UK chief medical adviser Whitty: It is difficult to balance between the virus and the economy

Comments by UK chief medical adviser, Chris Whitty So far, the briefing is a bit of a boring one as they are mainly outlining the current virus situation across the UK and saying that it needs to be taken seriously.... Read full article


Norway proposes that its sovereign wealth fund should invest more in US stocks, less in Europe

Norway publishes the white paper on its sovereign wealth fund proposals The proposition suggests that the sovereign wealth fund should change its "geographical composition" and should reduce its share holdings of developed markets in Europe, instead increasing its share of US and Canadian stocks.... Read full article


UK's Hancock: Mass vaccine rollout could happen in first few months of next year

Further comments by UK health secretary, Matt Hancock A bit of an optimistic take by Hancock surely, but that's what all governments are preaching for the time being. This is also mostly to manage public perception of the pandemic in general and to sort of highlight that they have 'a plan for the future'.... Read full article


UK's Hancock: Any new virus measures will be different to first lockdown

Comments by UK health secretary, Matt Hancock Not really anything new on offer by Hancock with his remarks above. The government is under pressure to curb the spread of the virus in recent weeks, but are trying to do so while maintaining a setting that will not decimate the economy.... Read full article

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FX option expiries for Monday September 21 at the 10am NY cut

A light one ahead, 

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