Is the registration of the Russian vaccine can deflate the reserve assets of value?

A little more than 8 months that met the first case of Covid-19 in China, has registered the first shot in Russia. While there are still some doubts in this respect, the Russian president makes sure you have tested with her own daughter.

At the time of writing, the Pandemic of Coronavirus continues to rage, now with the focus placed on the united States, Latin america and India.

In the reflection of the day today, we ask if the certainty of a vaccine may lead to the reserve assets of value such as Gold, The Bitcoin and the japanese yen start to lose ground. Although it is still premature to draw such conclusions, it is time to start taking it into account, because things can change from one day to the other.

The WHO is cautious about the Russian vaccine

“This Tuesday was registered for the first time in the world, a vaccine against the Covid-19”, said the head of the Kremlin at a meeting with the Cabinet of Ministers. A vaccine, which, according to Putin, has passed all the necessary tests, and allows an “immunity stable” against the coronavirus, reports

The World Health Organization (WHO) received with caution, the news that Russia has registered the first vaccine in the world. He pointed out that this, like the rest, should follow the procedures of pre-qualification, and review that marks the body.

“To accelerate the progress should not mean compromising security”, he said at a press conference the spokesman for the WHO, Tarik Jasarevic. In addition, he added that the organization is in contact with the Russian authorities and other countries to analyse the progress of the various investigations of vaccines.

The Russian vaccine was not among the six that said, WHO the last week were more advanced.

Reserve assets of value

Since the wake of the pandemic of the Coronavirus, the Gold and the Bitcoin have been the refuge assets par excellence. Will the bullish trend of these assets, with the appearance of the vaccine?

The financial markets as we know they are moved by expectations. And what is true is that it looks more closely, luckily, the cure against the Coronavirus, which can deflate the appetite for refuge assets.

At the time of publication, the Gold has an ROI annual 31%, while the Bitcoin of 62%, exactly the double.

At 09:30 pm of Argentina (GMT -3), the Gold loses the key barrier of $ 2000, while the Bitcoin is falling back to the 11.700 USD, away from the annual maximum of 12k listed in the session yesterday.

On the other hand, the yen cede ground to the dollar, which has already negotiated again in 106, after having played the last week a minimum of 104.20.

In synthesis, the Russian vaccine brings a bit of hope that a cure is closer. The first reaction of the institutional investors is to undo positions of assets more secure, with the aim of searching for assets of more risks, as the stock market for example.

The future of Wall Street anticipate a login with a marked upward trend. We’ll see what happens, the day is long and we are still not vaccinated.

I shall leave you until tomorrow with this phrase from Star Wars VIII:

“Hope is like the sun, if only you believe in him when you see him, will never overcome the night.”

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