Stocks soar on good news but pandemic looms over ECM

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Stocks soar on good news but pandemic looms over ECM

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People walk past a 'Stay Home' sign in London. According to the government figures, on 2 January 2021, the UK has recorded 57,725 coronavirus cases and 74,570 people have died from the virus (only people who have died within 28 days of testing positive for coronavirus). (Photo by Dinendra Haria / SOPA Images/Sipa USA) | SOPA Images/SIPA USA/PA Images

Equity markets opened on a high on the first day of trading in 2021 and there are hopes that positive macro headwinds will provide strong momentum for equity capital markets deals. This is despite the Covid-19 pandemic still causing concern as cases rise and governments introduce tough restrictions to fight it.

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