Investors will also await U.S. jobs data at 1330 GMT.
The positive vaccine news had continued yesterday after Pfizer said its COVID-19 vaccine was 95% effective and it would apply for emergency U.S. authorization within days, following a similar recent report from Moderna.
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The weaker sentiment was triggered by a late U.S. sell-off overnight that had seen the S&P 500 close down 1.1%; weighed by news COVID-19 deaths in the worlds biggest economy had passed 250,000, underpinning a host of lockdowns.
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The biggest question in the markets right now is whether the headlines of renewed school closures, lockdowns and social restrictions is enough to derail vaccine positives and the fact that COVID survival rates are climbing along with the hospitalization and infection rates, said a London-based trader.
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Against a basket of currencies the dollar was last at 92.575 , marginally in the black but just off its recent low of 92.129. The euro, meanwhile, was down 0.1% and just short of the recent peak of $1.1919.
Wall Street futures point to a steady open,Editing by Sam Holmes & Simon Cameron-Moore)Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notificationsyou will now receive an email if you receive a reply to your comment,transmission or republication strictly prohibited.365 Bloor Street East,M4W 3L4Sign up to receive the daily top stories from the Financial Post,was weaker still,down 0.5% after a report Europes leaders would demand the European Commission publish no-deal plans as the deadline for talks over a trade deal go down to the wire.(Additional reporting by Thyagaraju Adinarayan in London;Toronto,the broad gauge of global equities was trading down 0.3% while Europes major indexes were down around 0.7%. Oil prices also eased as virus restrictions crimped demand expectations.Positive news about potential vaccines had helped push the MSCI World Index to a record high earlier in the week,Sterling,Ontario,betting the COVID-19 vaccines would translate into a quicker economic recovery,a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution,a division of Postmedia Network Inc.At 0844 GMT,there is an update to a comment thread you follow or if a user you follow comments. Visit ourCommunity Guidelinesfor more information and details on how to adjust youremailsettings.Despite the equity market caution.
LONDON/SYDNEY World stocks eased for the third day in a row and oil fell on Thursday tracking overnight weakness in Asia and Wall Street as widening COVID-19 restrictions weighed on market sentiment.
Similarly somber news in Japan, where a record number of cases and a rise in Tokyos pandemic alert level sent the Nikkei down 0.4%. MSCIs broadest index of Asia-Pacific shares outside Japan fell 0.5%.
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Bitcoin, sometimes regarded as a safe haven or at least a hedge against inflation, also pulled back and last stood at $17,500.
World stocks ease further from highs, oil dips on COVID-19 count
The vaccines news are a positive medium-term impulse for the global economic outlook and investors are trying to weigh that against the prospect of an imminent stalling of the European and U.S. recovery amid the prospect of extensions of current lockdown measures, said Rodrigo Catril, a senior FX strategist at NAB.