The pound is still weaker against the euro and the dollar this morning following an interview published yesterday with Moderna’s chief executive, who said that vaccines may not be as effective against the new Omicron variant.
However, the makers of both Pfizer and AstraZeneca have since commented that there is no evidence yet that vaccines won’t provide the necessary protection. The FTSE 100 has jumped this morning as a result.
UK house prices surged in November according to data released earlier today. Iain McKenzie, CEO of The Guild of Property Professionals, said that “prices are still climbing due to a shortage of stock available to prospective buyers, with many of those working from home still desperately hunting for a larger property and more space.”
Figures from yesterday show that eurozone inflation has risen to a record high of 4.9%. The markets will be listening closely to speeches from European Central Bank officials for any comments surrounding this.
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