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EU Commission concludes exploratory talks with BioNTech-Pfizer to purchase COVID-19 vaccine

The European Commission has concluded exploratory talks with BioNTech-Pfizer to purchase a potential vaccine against COVID-19, Reuters reported on Wednesday. No further details on the matter have been revealed at the time of press. 

Market reaction

This headline doesn’t seem to be having a significant impact on market sentiment or the shared currency’s performance against its rivals. As of writing, the EUR/USD pair was down 0.12% on the day at 1.1764. Meanwhile, the Euro Stoxx 50 and Germany’s DAX 30 were both gaining around 0.9% on a daily basis.

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