European stock futures are up in the last session of this week, pointing to an opening “in the green” on the back of optimism about the vaccination plan in the United States, which is overshadowing the rise of new cases in some major economies.
For now, the futures of the Stoxx 50 – the index that gathers the 50 largest quotations in the region – are up 0.9%, while the futures of the American S&P 500 are advancing 0.5%. The same positive trend also marked the Asian session, during the early hours in Lisbon, with the Japanese and Chinese indices climbing 1.5% and 1.6%, respectively.
In his first press conference since taking office, Joe Biden, President of the United States, doubled the goal of the vaccination plan, now aiming to give 200 million doses of the covid-19 vaccine by the end of April, the date that will mark his 100th day as White House resident.
In addition to reinforcing his commitment to vaccination in the country, Biden stressed his rivalry with China, claiming that Beijing will not overtake Washington as the world’s most powerful economy in his term. However, he did not mention whether or not he would cut the over applied tariffs on the rival country.
Banks in the United States saw an extra gain at the end of the session on Wall Street after the US Federal Reserve signaled the end of limits on dividend distributions.
