Non-farm employment growth in the United States in November was well below expectations. This should now increase the pressure on the parties to agree on an economic stimulus package to stimulate the economy, commented analyst Craig Erlam of broker Oanda.
The mood is good in the oil sector. The main impetus was the agreement of the Opec + oil network on a slightly higher output. As a result, oil prices also rose, which usually has a positive effect on the share prices of the oil multinationals. Chevron and ExxonMobil both rose by two percent in pre-market trading.
“The delivery volumes are only increased very slowly. This means that Opec + is adapting its delivery volume to the current purchase possibilities of the still fragile economy,” wrote market expert Thomas Altmann from asset manager QC Partners. “That is a positive signal for the oil price.”
Obstacles in the supply chain for the corona vaccine submitted for approval had already burdened the papers of Pfizer and Biontech in late Thursday trading. On Friday, Pfizer fell 0.4 percent and Biontech 0.8 percent.
Study data on the Moderna vaccine indicated that the vaccination may offer protection against Covid-19 for a longer period of time. The Moderna shares fell by 0.6 percent, but had jumped around ten percent the day before ./ajx/jha/
(AWP)
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