Financial markets survey 19.10.2020

During the previous week, stock markets were registering a downward dynamics spurred by the lack of progress in discussing the new package of incentives in the US, a growing number of new coronavirus cases across the world and the institution of restrictive measures, especially in Europe. The upcoming presidential election in the US amplified uncertainty among investors. A positive news item was that Pfizer informed that it was on the last stage of testing its COVID-19 vaccine and was preparing the vaccine for approval by regulatory authorities in November  

Financial markets survey 19.10.2020