Search ForexCrunch

It’s possible to get a surge in coronavirus infections at some point as things open up,  the UK’s Chief Medical Adviser, Professor Chris Whitty, said on Tuesday, as reported by Reuters.

Additional takeaways

“Ratio of cases to deaths will go right down due to vaccination  but not down to zero.”

“If you open up too fast, a lot more people die.”

“Vaccination  will have almost no role to play in reducing transmission in younger adults for some time.”

“History of this pandemic is that people wish they had been more careful in lifting restrictions.”

Market reaction

The UK’s FTSE 100 Index edged slightly lower from daily highs after these comments and was last seen gaining 0.43% on the day at 6,747.