US President Trump: Three vaccine candidates now in phase 3 trials

During his routine daily press conference, US President Donald Trump rekindles vaccine hopes while citing three vaccine players, including Moderna.

Key quotes

Reached deal with Moderna for 100 million doses of vaccine.

Three vaccine candidates now in phase 3 trials.

More to come…

Market reaction

The news helps S&P 500 Futures to part ways from downbeat Wall Street closing. The risk barometer picks up the bids near 3.340, up 0.10% on a day, during the early Wednesday morning in Asia. It’s worth mentioning that the global pharmacy companies are rushing towards the cure of the coronavirus (COVID-19) cure and any more news like from Russia could help the risk-tone to remain firm.