The recent advance in markets on the back of positive coronavirus vaccine developments stalled on Tuesday. Christine Lagarde, President of the ECB said she was “not sure that it’s going to be a major game changer for our forecasts” and Jerome Powell, US Federal Reserve Chair, said the economy has a “long way to go”. In the Brexit talks, reports yesterday indicated that some progress had been made and it was possible an announcement could be made as early as next week.
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