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Downward Pressure On Gloves As Vaccine Hopes Rise

Stephen Innes, Global Chief Market Strategist, Axi

16-Nov-20 07:07

Downward Pressure On Gloves As Vaccine Hopes Rise

On news that Pfizer and BioNTech could come out with a Covid-19 vaccine as early as September, glovemakers have taken a hit. But overall, will this industry still be able to keep some momentum going? We speak to Stephen Innes, Global Chief Market Strategist at Axi, about Asian glovemakers, trade ties in the wake of RCEP, and the rotation into cyclicals seen in US equity markets.

Produced by: Mike Gong

Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan


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Tags:  usequityglovesrcepaseanchinavaccinethailandFinancial ServicesGovernment/Regulatory/Policy MakingHealthcare, Pharma, BiotechIndustrial Goods/ServicesEconomy, MarketsPolitics, News, Current Affairs

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