Good day, everyone, and welcome to msnbc headquarters in new york. There is a new timeline for the distribution of covid19 vaccines once they are approved for emergency use, and some americans could be getting them before christmas. Surgeon general drum adams said its authorization will submit its request on december 10, and some will answer within 24 hours of that request. The Surgeon General will reflect on what might have gone wrong with President Trumps handling of the pandemic. There are many Different Things we could have done differently. This virus has been challenging. I wish that, again, this hadnt been superimposed on top of an election. I wish we would have been able to come together as a nation and really talked about the science instead of the politics. Hmm. Well, this comes from new warnings today from dr. Anthony fauci on what to expect after the busy thanksgiving travel weekend. There almost certainly is going to be an uptick because of what has happened with the trave
Higher. Eurodollar up by 0. 4 . Is the ecb getting worried at this point . 1. 2163. The dollar is broadly lower. The pound just taking out 1. 35. We havent been at these levels since this time last year. What is fascinating here is what is happening with bond markets as well. Weve basically got yields and stocks moving in the same direction. That is something that is pretty interesting now. It certainly points to this reflation trade at the moment, with the catalyst still having legs. Alix the question is how long is that last. Lets dig into some of the top stories guy was minting. Germany extending its partial lockdown. Sweden shutting some schools as well. Joining us with more is sam fazeli, Bloomberg Intelligence senior pharmaceutical analyst. We have seen more targeted lockdowns and extensions. Is any of that working now in europe . Sam yes, they are. Funny that we have countries going at different paces which is normal because they have different issues with regards to the number
Says, it has a 95 percent efficacy rate for this vaccine. The chinese vaccine is the latest to show some success during trials. Coronavirus has reached stage 3 trials. Researchers say it could provide enough protection against the virus. They believe the vaccine could be suitable for emergency use during the pandemic. Its made by a Company Called sign of a kind is being tested in china, brazil and turkey. Protests have broken out in ugandas capital after the arrest of opposition. Politician bobby wine, the president ial candidate was dragged from his car by police in the district of luka. Hes been arrested multiple times in what his supporters say is an attempt to silence the opposition. Ethiopias government says to Ground Forces are destroying bridges in an attempt to stop the militarys advance to the main city. This week, Prime Minister announced what he called the final offensive to end the conflict in the region. And boeing 737 max jets have been given approval to fly again by the
The 1. 20 mark. We will talk about that in just a moment. We are basically flat. Brent crude, which has soared during the month as well, what and what is happening very ,arefully with that opec story trading 47. 68. In terms of the german bund market today, we are seeing a little bit of movement, but not much. That kind of captures the story of the last month, doesnt it . Not Much Movement in the bond market, lots of movement elsewhere in risk assets. This kind of sums it up, the one month of the stoxx 600. For some markets, many markets here in europe, smaller markets were up by over 20 . Alix back to the main news with the vaccine because it is monday, so we obviously have vaccine news. Moderna is requesting clearance for its vaccine in the u. S. And europe today after analysis showed it was 94 point 1 effective in preventing covid19. Moderna Ceo Stephane Bancel will be speaking to us later. He earlier said that we have millions of doses ready. We will have more and more every couple
Outperforming small stocks, underperforming tech stocks. We are negative on the bond market yields. Brent crude is up. Pfizer concluding they have covid19 vaccine candidate. If you heard the interview, you have the stats. Whats your take on the viability of the vaccine . This looks very exciting. I believe we will get an emergency use authorization than i hope we can start vaccinating sometime in december. Health care workers will likely go first. Moredown the road, people seriously affected like those 65 and older then months later, the general population. The modernact vaccine will be soon. We need all the help we can get. In terms of the effect that im going to get if i take the vaccine, is this something i will have to do on an annual basis or twice per year . What kind of response is my body going to generate that will protect me in the long term . Guest thats a longterm question. Get the vaccine into people first then we can follow them closely to determine whether we have to be