Positive news regarding the launch the Vaccination campaign dominated the markets, but the Brexit crisis and the US financial stimulus still cast a shadow on the markets. In the UK, monthly GDP continued to slow down, falling to 0.4% in October, its lowest level in 6 months. British economic output …

US Secretary of Health and Human Services Alex Azar said today, Friday, that the United States will approve the use of the Pfizer vaccine to protect against Covid-19 within days, and that the first group will be vaccinated, perhaps Monday or Tuesday. The US Food and Drugs Administration has accelerated …

British Prime Minister, Boris Johnson crossed the wires in the last hour and said that we are always hopeful on Brexit. But from where we stand now, it is very, very likely that we will have a no-deal Brexit, Johnson added further.

Turkey’s central bank said the country’s current account deficit narrowed in October to $273 million. The number is more than Reuters forecasts a deficit of $0.062 billion. In September, the current account deficit was $ 2.559 billion. In 2019, Turkey’s current account surplus was $ 1.674 billion.

The dollar headed for a loss for the fourth week in a row as it weakened, recording its lowest levels in several years against other major currencies. The pound ended a series of gains that lasted for five weeks after the leaders of Britain and the European Union remained at …

European stocks fell today, Friday, and are heading to conclude a busy week in a state of caution due to concerns about the economic impact of the rise of the Covid-19 pandemic, and the fate of a trade agreement linked to Britain’s exit from the European Union and stalled US …

“The COVID-19 lockdown will be extended,” Germany’s Economy Minister Peter Altmaier said in a statement on Friday. This comes after Germany reported 29,875 record daily coronavirus cases, with nearly 600 deaths on Friday.

Bank of England Governor Andrew Bailey said Friday that there is a limit to the Bank of England’s ability to avoid disruption and volatility in financial markets after the Brexit transition period ends on December 31. Bailey added that work on negative interest rates is still ongoing. “I don’t want us …

The Turkish lira was revised on Friday after sources said the United States was preparing to impose sanctions on Turkey for its purchase of the Russian S-400 air defense system, in a move likely to worsen relations between the two NATO members. The lira was at 7.900 against the US …

Oil rose today, Friday, to consolidate strong gains made overnight that saw Brent crude exceed $50 for the first time since March, as the implementation of coronavirus vaccination programs fueled hopes that demand for oil will rebound next year. Brent crude rose 30 cents, or 0.6%, to $50.55 a barrel, …