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Asian stocks boosted by hopes for coronavirus vaccine Reuters



© Reuters. PHOTO: Man in front of a stock exchange board in Tokyo

Swati Pandey

SYDNEY (Reuters) – Asian stocks strengthened Monday amid renewed hopes for a coronavirus vaccine after AstraZeneca (NYSE 🙂 resumed Phase 3 trials, although sentiment was still cautious ahead of a big week of central bank meetings in the UK, Japan and USA. States.

The broadest Asia-Pacific stock index outside Japan () MSCI rose 0.7% for the second straight session.

Australian stocks () gained 0.6%, while Japanese Nikkei () added 0.7%. China’s stocks began to rally steadily, with the blue-chip index () up 0.6%.

US stock futures, the S&P 500 e-minis (), jumped more than 1% after a mixed session on Wall Street last week.

Friday marks six months since the coronavirus was declared a pandemic by the World Health Organization (WHO) on March 11.

Since then, the world’s largest economies have plunged into recession and millions of people have lost their jobs, prompting central banks around the world to launch unprecedented stimulus.

The bazooka of politics supported financial markets: the S & P500 () rose 22%, the 10-year Treasury yield fell 20.4 basis points, and the dollar () fell 3.3%. The most successful major currency to date has been the Australian dollar. , an increase of 11.9%, thanks to a healthy appetite for risk.

“This is a really wild ride and is likely to continue as the results of the Phase 3 vaccine begin to show in the coming weeks,” NAB analyst Tapas Strickland said in a note on Monday.

AstraZeneca (L 🙂 said over the weekend that it has resumed UK clinical trials of its COVID-19 vaccine, one of the most advanced in development, after receiving the green light from security authorities.

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Late trials of an experimental vaccine, developed in collaboration with researchers at Oxford University, were suspended last week due to illness in one of the study participants in the UK, which raised doubts about its early introduction.

We’ve been waiting for a vaccine to help lift the world out of isolation caused by the coronavirus.

“The opening of the global economy prompts us to recommend a long position in a basket of 14 lagging ‘back to work’ stocks versus a basket of 14 major ‘COVID-19 winners’,” BCA Research said in a statement.

“While we maintain a cyclical and long-term bullish outlook for the broader market, a short-term correction for technical and (geo) political reasons is likely,” it said.

“Possible short-term rollback.”

Later this week, the US Federal Reserve will hold a two-day policy meeting, which is expected to keep rates and clarify the already announced move to inflation targeting.

In addition, “the Fed will be less proactive in tightening policies than in the past,” said NAB’s Strickland.

The Bank of Japan and the Bank of England will announce their decisions on Thursday.

The focus of Asia will be on the election of Japan’s new prime minister. Voting in the party room is expected to begin at 05:00 GMT.

Major currencies were in trouble on Monday.

The US dollar was largely stable against the yen at 106.11. , far from its 101.2 low this year.

The euro exchange rate () remained unchanged at $ 1.1849. IN was virtually unchanged at $ 0.7285, while the pound sterling rose slightly to $ 1.2823.

In terms of commodities, US oil () jumped 0.7% to $ 37.58 per barrel. Brent oil () rose in price by 0.5% to $ 40 per barrel.

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Gold was solid, with spot prices at a price of $ 1,949.7 an ounce.

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Khloe Kardashian criticized for selling her daughter’s used clothes: “Greed is above average”



Khloe Kardashian criticized for selling her daughter's used clothes: "Greed is above average"

She belongs to the most media-rich family in the world and recently made a name for herself by listing some of her three-year-old daughter’s used items for sale online. Khloe Kardashian shared link to buy clothes, but reactions in Twitter they were not kept waiting.

One of the things dress out Aristocrats Children, costs about 490 euros and a pair of jeans fendi were put up for sale for 438 euros. There is also tennis Gucci for 220 euros. “Who’s going to pay that much for baby clothes and second-hand clothes on top of that? These clothes could be donated to those in need”, “Tru’s clothes are much more expensive than many mothers can afford”, “Are you broke? These prices are ridiculous.” e “Greed above average– here are some of the dozens of comments criticizing the businesswoman and the star reality show.

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Infanta Cristina, the most beautiful of the Spanish monarchs, divorces Inaki – Celebrities



Infanta Cristina, the most beautiful of the Spanish monarchs, divorces Inaki - Celebrities

In 1997 they got married Christina de Bourbon and Inaki Urdangarin in front of 1500 guests dispersed throughout the gardens zarzuela palace, in Madrid. She, beautiful and youngest daughter Juan Carlos I of Spain and Sophia of Greece, kings of Spain; he, who became the most successful handball player in Spain, having been part of the Barcelona handball club and the Spanish national team.

Infanta Cristina and Iñaki Urdangarin with Sofia and Juan Carlos, 2002
Photo: Getty Images

The marriage does not appear to have survived years of rumors of betrayal and corruption, mostly involving Iñaki, who has been serving a sentence since 2018, now in semi-open custody, for his involvement in what has come to be known in Spain as the Noos affair. case. More recently, photographs of the former athlete with an unknown woman, holding hands, walking by the sea, have become public. “Things that happen,” he responded without denying the evidence. “Let’s agree [com a situação] calmly and together as always,” he said, referring to the family core. After all, the company was Ainoa Armentia’s lawyer, his colleague at Imaz & Asociados.

Infanta Cristina and Iñaki Urdangarin, 2010
Infanta Cristina and Iñaki Urdangarin, 2010
Photo: Getty Images

Read tooWhat will happen to Sophia of Spain after the honorary king left the country?

This seems to be the last straw in a marriage marked by unhappy situations. Infanta Cristina was considered the beautiful girl of the Spanish monarchy, but her marriage to Iñaki also gave her the “title” of the first member of the Spanish royal family to be tried in court in 2016 because of her ex-husband. . This will entail his departure from the royal family, as his father did when he went to Abu Dhabi two years ago. The Infanta ends up sequestering herself and is rarely seen by the Spaniards. breakup news was nominated Hey!, which guarantees its finality, the EFE said in a statement. “By mutual agreement, we have decided to terminate our marriage relationship. Our commitment to our children remains unchanged. Since this is a personal decision, we ask everyone around us with the utmost respect. Christina de Bourbon and Inaki Urdangarin,” the message says. in a text sent by the couple to the agency. The couple is the father of Juan Valentin, Pablo, Miguel and Irene.

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French designer Thierry Mugler, godfather of sportswear, dies | Fashion



French designer Thierry Mugler, godfather of sportswear, dies |  Fashion

French designer Manfred Thierry Mugler has died at the age of 73. The news was announced on magler official page, not facebook. His agent claims that the breeder died on Sunday, January 23, “of natural causes.” Born in Strasbourg in December 1948, he came to Paris at the age of 20 and created his own brand Cafe de Paris in 1973, a year before Thierry Mugler was founded.

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