Home Widespread immunization should drive a sharp pickup in global growth – Goldman Sachs
FXStreet News

Widespread immunization should drive a sharp pickup in global growth – Goldman Sachs

With the vaccine hopes all around the bulls’ eyes, Goldman Sachs anticipates a notable increase in the global growth prospects starting from the second quarter (Q2) 2021.

The report also mentions the expectations concerning the part  of people vaccinated in 2021 as follows:

For the US, high-risk groups will probably start receiving doses of a vaccine by the middle of December 2020.

UK to have vaccinated about 50% of its population by March, Canada & US by April.

EU, Australia, Japan will likely reach 50% by May.

Reports like this help confirm the market sentiment, especially when the risk-on mood mainly takes clues from the coronavirus (COVID-19) vaccine news.

Read: S&P 500 Weekly Forecast: Investors getting set for the Santa-Clause rally built on a house of cards

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.