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LIVE MARKETS-Morning call: That vaccine thing doing its thing again

Mon, 14th Sep 2020 06:41

Welcome to the home for real-time coverage of European equity markets brought to you by Reuters
stocks reporters. You can share your thoughts with Joice Alves (joice.alves@thomsonreuters.com)
and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London and Danilo Masoni and Stefano
Rebaudo (stefano.rebaudo@thomsonreuters.com) in Milan.

MORNING CALL: THAT VACCINE THING DOING ITS THING AGAIN (0540 GMT)

Here we go again: European futures are trading in the black after a positive session in Asia
where renewed hopes of a coronavirus vaccine have beefed up sentiment.

It's not the first time nor will it be the last that investors cling to the prospect of a
vaccine clearing the way out of the pandemic and so much will happen in the meantime.

Brexit, the U.S. election you name it!

It must be said that M&A is also playing its part in infusing some optimism with notably
Nvidia set to buy UK-based chip designer Arm from Japan's SoftBank Group for as much as $40
billion.

Anyhow, London, Paris and Frankfurt are seen opening up but quite modestly, between 0.2% and
0.4%, while Wall Street futures are much more bullish and trading above 1%.

(Julien Ponthus)

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