5 Asset Classes That Will Be Impacted On Positive Vaccine News Flow And How?

As we are still grappling with Covid 19 threat and long for some quick solution, there is now a buzz around vaccines that may be rolled out soon. Previously, Pfizer and then Moderna claimed that their experimental vaccines in the last stage trial have shown remarkable efficiency (of more than 90%) against coronavirus treatment. In fact, they have now approached the drug regulator so as to approve their vaccine's emergency use against the pandemic. Earlier, the US health officials said a coronavirus vaccine would need to be at least 50 per cent effective before they would consider approving it for use.

Meanwhile, other companies' such as Oxford-Astrazeneca based on its results said that its vaccine can be 90% efficient. Alongside there is news that US can receive the vaccine as early as mid-December. So, with the positive news on vaccine front coming from everywhere hopes are high that if the vaccine results continue to be positive, this pandemic situation will be put to an end by next year.

Now coming straightaway to the main topic, how the likely availability of Covid 19 vaccine in the near term would impact various asset classes. Here is experts' assessment on the same:

Covid 19 pandemic at first wreaked havoc globally, resulting in record number of deaths and led to economic turmoil. Global markets witnessed a stock market rout in late March and while during that time gold gained appeal as a 'safe haven' asset, it also eroded in value as investors' covered positions in the precious yellow metal to make up for the losses in equity.

And now the likely impact:{photo-feature}