France reports 14,412 new cases, J&J vaccine shows strong immune response

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According to the latest data released on Saturday by the French Ministry of Health, the number of new cases of coronavirus in the country has increased by 14,412, bringing the total to 527,446.Note that a daily record of 16,096 new infections was set earlier this week. France has reported 39 new deaths, with the total death toll rising to 31,700.

Meanwhile, the UK recorded 6,042 new coronavirus cases and 34 deaths the day before, despite the latest activity restrictions.

Official data showed that the seven-day moving average of daily cases rose 54% in one week. The death toll now stands at 41,971.

Infectious disease modeling expert Prof Graham Medley, who sits on the Scientific Advisory Group for Emergencies (SAGE), said: “At a level of 10,000 (cases) that we’re seeing now, that means in three or four weeks , we’re going to see 100 deaths a day.

Across the Atlantic, the U.S. Centers for Disease Control and Prevention (CDC) reported 7,009,216 confirmed cases on Saturday, an increase of 50,584 from its previous tally as the number of deaths increased from 851 to 203,180.

Bringing some optimism amid the resurgence of coronaviruses around the world, the US pharmaceutical giant Johnson and Johnson Inc’s COVID-19 vaccine trial reportedly showed a strong immune response to the coronavirus with a single dose in the early stages of the disease. trial.

Company’s potential vaccine is fourth vaccine in final phase of trials

Market implications

Vaccine optimism could likely be offset by the continued rise in cases in the eurozone and the UK.

The US dollar could therefore continue to attract safe-haven offers from Non-Farm Payroll Week (NFP) on Monday.

The US dollar index closed the week at a nine week high of 94.74.

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