Anti-Covid vaccination: from bad to worse for the EU
The main EU countries have suspended the AstraZeneca vaccine over concerns it may cause blood clots. This is another blow to the vaccination campaign in…
The White House has reached a deal with a bi-partisan group of Senators at the Senate on an infrastructure package including $579bn in new spending. This is far from the whole $2.3bn plan announced by Mr. Biden in March. Social spending could be part of another plan that Democrats will try to pass without the support of the Republican party. The equity market reacted positively to the news and reached new record-high levels in the US. The bond market posted no reaction. Fed speakers had no impact either. The USD was slightly down again. The EUR/USD exchange rate is now trading around 1.1940.
Get more analysis and data with our Premium subscription
Ask for a free trial here