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ASX to rise on AstraZeneca vaccine hopes, Joe Biden to pick Janet Yellen as US Treasury Secretary – ABC News

Australian shares are set to open higher after Oxford and AstraZeneca announce their COVID vaccine results, while Joe Biden picks former Fed chair to be the next…

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Australian shares are headed for an optimistic start after the University of Oxford and AstraZeneca announced the results of their COVID-19 vaccine trials.
Key points:

  • Markets have surged recently, on positive news about after Pfizer and Moderna vaccines
  • AstraZeneca shares dropped (-3.8pc) after the company unveiled its vaccine results
  • Janet Yellen may become the next US Treasury Secretary, if she is confirmed by the Senate

ASX futures were up 39 points (+0.6pc) by 8:10am AEDT.
It follows an upbeat…

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