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Week ahead: Covid-19 vaccines, US fiscal stimulus in focus
Financial markets' focus over the coming week is likely to remain firmly on the Covid-19 pandemic and global attempts to rein it in and stop it.
Europe close: Stocks dip amid concern around outlook for summer tourism
European shares extended losses at the end of the week as fears of extended Covid travel curbs on the continent, downbeat UK retail sales and weak business survey readings all hit sentiment.
New Covid-19 strain may be deadlier, PM says
The Prime Minister said there was "some" evidence that the strain of Covid-19 first detected in the UK may be more lethal as well as more easily transmitted.
US existing home sales jump forecasts in December
Sales of second-hand homes in the States sped past forecasts at the end of 2020, taking the full-year increase to its highest level since before the Great Financial Crisis.
US business activity jumps at the start of 2021, IHS Markit says
Business activity in the US jumped at the start of 2021 amid hopes that Covid-19 vaccines would put an end to the pandemic and in anticipation of the new administration's policies, the results of two surveys showed.
Eli Lilly treatment cuts Covid-19 risk by 80% in nursing homes
An antibody therapy developed by Eli Lilly reduced the risk of Covid-19 symptoms among residents of nursing homes by as much as four-fifths, a study showed.