Tag Archives: Nordic Country

UPDATE 2-Italian results fell as PM Conte wants to form a new government | Instant News


* Conte will step down in an attempt to form a new government

* German 10-year yield fell to -0.561% in early trading

* US Treasury yields hit a three-week low

* Barriers to US stimulus plans worry stock markets (.)

LONDON, Jan 26 (Reuters) – Italian government bond yields fell across a curve on Tuesday as the prime minister will try to form a new government, fueling hopes of a return to political stability in the Southern European country.

Italian Prime Minister Giuseppe Conte will hand over his resignation to the head of state on Tuesday, Conte’s office said, in the hope that President Sergio Mattarella will give him the mandate to form a new government.

“If Conte manages to form a new government within a week with a stable majority, then the potential for tightening the spread is significant,” said ING interest rate strategist Antoine Bouvet. “But at the moment it is still a political gamble,” he added.

Italian government bond yields fell 2-4 basis points across the curve, with the benchmark 10-year yield dropping 3.5 bps to 0.646%.

The difference in the closely watched Italian-German bond yields was five basis points today at 114.5 bps.

While the resignations allowed elections to be avoided in Italy, a combination of political concerns and stock market jitters over US fiscal stimulus increased demand for safe havens such as the German Bunds.

Asian stocks fell on Tuesday, retreating from record highs as lingering concerns about a potential impediment to the Biden government’s $ 1.9 trillion stimulus weighed on sentiment.

The yield on German 10-year government bonds fell to a two-week low at the start of trading on Tuesday, although they again rose slightly to -0.54% at 1100 GMT, up one basis point on the day.

German Bund demand also came as the yield on the 10-year US Treasury fell to a three-week low of 1.028% earlier in the session as the US Senate pushed to pass the COVID-19 bill.

Later in this session, the EU is likely to finalize the sale of its benchmark seven-year bond and knock on outstanding 2050 debt through syndication. (Reporting by Abhinav Ramnarayan, editing by Karin Strohecker and Angus MacSwan)

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Germany is concerned that the AstraZeneca vaccine will not get EU approval for those over 65 | Instant News


FRANKFURT, Jan 25 (Reuters) – AstraZeneca’s COVID-19 vaccine is not very effective for people over 65, a German coalition source told the tabloids Bild and Handelsblatt, a move that calls into question its suitability for a mass vaccination program.

German officials fear the AstraZeneca vaccine may not be approved by European Union authorities for use in those over 65, the German tabloid said in its online edition.

This marks another potential blow for AstraZeneca, which is developing its sights with the University of Oxford. He told the EU on Friday that they could not meet the agreed supply target by the end of March. (Reporting by Edward Taylor; Editing by Dan Grebler)

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Launch of the TABLE-UK COVID-19 vaccine: More than 4 million first doses given so far | Instant News


    LONDON, Jan 18 (Reuters) - Britain has given more than 4
million people a first dose of a COVID-19 vaccine so far,
government statistics showed on Monday. 
    Britain is aiming to have made first doses of COVID-19
vaccines available to 15 million high-risk people by
mid-February. 
    Here are the latest figures on the progress to that target,
according to the government's coronavirus statistics portal.
        
  Country/Nation       First dose      Second dose
  United Kingdom        4,062,501          452,301
         England        3,520,056          427,386
       N Ireland          125,717           21,016
        Scotland          264,991            3,698
           Wales          151,737              201
 
 (Reporting by Costas Pitas; editing by Michael Holden)

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Fiocruz Brasil is delaying registration of the AstraZeneca vaccine pending fast track approval | Instant News


RIO DE JANEIRO, 14 Jan (Reuters) – Brazil’s biomedical center Fiocruz has re-submitted its request to register the COVID-19 vaccine developed by AstraZeneca PLC until next week, said its vice president Marco Krieger.

Fiocruz originally planned to make a request on Friday, but Krieger said it was best to wait for an emergency authorization request that Anvisa’s health regulator hopes will provide on Sunday.

Reporting by Pedro Fonseca Editing by Chris Reese

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Brazil will start its COVID-19 vaccination with injections imported from China and India | Instant News


FILE PHOTOS: Employees inspect bottles containing CoronaVac, Sinovac Biotech’s vaccine against coronavirus disease (COVID-19), at the Butantan biomedical production center in Sao Paulo, Brazil January 12, 2021. REUTERS / Amanda Perobelli

BRASILIA (Reuters) – Brazil’s Health Ministry said on Wednesday that vaccination of the country’s population against COVID-19 will begin with vaccines imported from China and India as soon as its emergency use is approved by health regulator Anvisa, scheduled for Sunday.

Vaccination of the country’s population will take a maximum of 16 months, Deputy Health Minister Elcio Franco told a news conference. Brazil sent a plane to import 2 million doses of the AstraZeneca / University of Oxford vaccine made by India’s Serum Institute and has imported 6 million doses of the CoronVac vaccine made by China’s Sinovac Biotech.

Reporting by Anthony Boadle; Editing by Leslie Adler Editing by Leslie Adler

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