Ursula von der Leyen, European Commission President, said there is a “narrow path” for the UK and EU to negotiate a post-Brexit trade deal. Talks appeared to have stalled at this last stage with the UK claiming the talks had been “blocked” with time running out. Boris Johnson said it is a “serious situation” and is looking for a compromise from the EU on fisheries. Ursula von der Leyen, said there are still “big differences”. Possibly brinkmanship but 31st December deadline is fast approaching.
US stocks were higher on Thursday on optimism regarding agreement on a new stimulus package and approval for Moderna’s coronavirus vaccine which can begin distribution.
Disclaimer: ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’
