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Wednesday preview: Covid-19 vaccines, Burberry in focus
The focus in markets is likely to be on the news-flow around potential Covid-19 vaccines following confirmation that a third phase clinical trial for Moderna Therapeutics's vaccine treatment will go ahead in July as scheduled.
Europe close: Travel and technology issues pace losses
Travel and leisure, and technology issues weighed on Europe's main stockmarket gauges, although a positive start to the US second-quarter corporate reporting season helped to stem losses.
EU set to maintain travel restrictions with most third countries
The European Union will not expand its list of countries allowed restriction-free travel when officials meet for their bi-weekly review.
Rigel Pharmaceuticals jumps on news of Imperical College Covid-19 study
Shares of US drug developer Rigel Pharmaceuticals shot higher on news that researchers at Imperial College were set to launch a clinical trial into the use of one of its existing treatments to help patients suffering from mild-to-moderate Covid-19 pneumonia from worsening.
US core CPI edges past forecasts in June
The cost of living in the US increased slightly more quickly than anticipated amid broad gains in prices by categories.
Europe midday: Tech paces losses as US earnings season gets underway
Stocks in Europe are holding lower despite news of a positive start to the US second-quarter corporate reporting season.
Chinese imports and exports jump past forecasts in June
Chinese foreign trade moved up a gear in June, belying a strong domestic economy and overseas.
Small US companies' earnings expectations plumb 10-year low in June, NFIB says
A stronger-than expected reading for a widely-followed gauge of small business confidence in June was misleading, some economists said.
Europe open: Stocks retreat as investors take profits in technology space
Stocks in Europe have started the morning down, tracking a sharp intra-day reversal lower in US stocks overnight after authorities in the state of California reversed the opening of bars and restaurants in response to the growing number of novel coronavirus infections.