European Stock Futures Higher; Covid Recovery Doubts Remain - Yahoo Finance Australia

by finance.yahoo 03/26/2021

European stock markets are seen opening higher Friday, helped by late gains on Wall Street overnight, although the positive tone will be tempered by ongoing concerns over rising Covid-19 cases and the region’s slow vaccine rollout. At 3:10 AM ET (0710 GMT), the DAX futures contract in Germany traded 0.1% higher, CAC 40 futures in France climbed 0.7% and the FTSE 100 futures contract in the U.K. rose 0.8%. Asia largely followed this positive lead, and European equity markets look set to end the week pointing higher.


Secretary of State Antony Blinken suggested the Biden administration would not take punitive action against China for its handling of the Covid-19 outbreak and instead stressed the importance of planning for and mitigating a future pandemic. The top US diplomat spoke to CNN’s Dana Bash in a wide-ranging inteview on “State of the Union” while

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Some of those who volunteered for the clinical trial of Russia's second COVID-19 vaccine have broken rank and taken part in go-it-alone "citizen experiments" which they say raise concerns about the shot's efficacy. A group including 120 former participants in the trial for the EpiVacCorona vaccine, developed by the Vector Institute in Siberia, ran commercially available antibody tests and sent frozen blood plasma samples to independent laboratories with the aim of testing the vaccine's ability to neutralise an infection. "We have serious concerns about the efficacy of the peptide vaccine EpiVacCorona," the group, which is led by businessman Andrey Krynicki, said in an open letter to the health ministry published on their blog on Wednesday.

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MOSCOW: Iran expects to start domestic production of Russia’s Sputnik V vaccine in April, the RIA news agency cited the Iranian ambassador to Moscow as saying on Friday. Iran approved Sputnik V for domestic use in January, and says it has received more than 400,000 of the 2 million doses it ordered from Russia.