US Pres. Trump: We are getting closer to a deal on coronavirus relief

Anil Panchal FXStreet

Having recently propelled the coronavirus (COVID-19) vaccine hopes, also showing his dislike for the World Trade Organization (WTO), US President Donald Trump now turns to the COVID-19 relief package.

Key quotes

We are getting closer to a deal on coronavirus relief.

Masks are not as important as a coronavirus vaccine.

He supports something like a plan for coronavirus relief proposed by a bipartisan group of lawmakers.

CDC's (Centers for Disease Control and Prevention) Redfield made a mistake when he said vaccine would not be widely available until next summer.

Market implications

The news helps markets to regain its upbeat sentiment with the S&P 500 Futures marking 0.10% profits amid the early Thursday morning in Asia even as the benchmark closed in negative on Wednesday.

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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