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US-FDA to decide on Pfizer's approval / ECB announces boosted PEPP - US Open 10.12.2020


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What is happening in the markets today 10th of December 2020.

- ECB keeps interest rates at 0 and Christine Lagarde announced that the Pandemic Emergency Purchase Programme wont be used in full even if it was boosted

- Initial Jobless Claims in the US came out at 854K vs an expectation of 725K sending the USD Index down below the $90 as the latest Covid wave took at big toll on the labour market

- The US – Food & Drug Administration advisory panel meets today to decide if the agency will authorise Pfizer’s Vaccine emergency use.

- BTC shed about $300 today trading lower at $18.000

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InstructFXBy Andrew Mreana