The governor of the Bank of Australia says it is impossible to adopt negative interest rates
Bank of Australia Governor Lowe said in a webinar that recent data is better than expected, and the slowdown of virus restrictions has also boosted confidence. If there is more good news in the health sector, a faster rebound may be achieved. He also pointed to the future The challenge is more likely to be job creation. In addition, he believes that it is not the time to raise interest rates, and emphasized that it is extremely unlikely that negative interest rates will be adopted, and will only be considered when major countries around the world adopt negative interest rates.
The efficacy rate of vaccines developed by U.S. biotech companies is as high as 94.5%
According to the latest COVID-19 vaccine test data released by a US biotechnology company, the effectiveness rate of a vaccine developed by one of its vaccines in the third phase of the study is as high as 94.5%, which is about 90% higher than the effectiveness rate previously announced by large US pharmaceutical companies. It is worth noting that this vaccine does not need to be stored at ultra-low temperature, just normal refrigeration, and the shelf life can be as long as 30 days, which is longer than the 7 days previously expected. In the case of low temperature and rapid freezing, its storage time will also be longer. The recent good news about the new crown vaccine has continued to drive market investment sentiment.
Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.