Stocks are higher this morning and the Pound has jumped on increasing Brexit optimism. Ursula von der Leyen, European Commission President, said that progress had been made between the EU and the UK regarding a post-Brexit trade deal.
Despite warnings that the NHS will come under pressure early in the New Year, the UK government will stick with plans to relax restrictions over Christmas.
In the US, Senate Majority Leader Mitch McConnell congratulated Joe Biden for the first time, thus acknowledging his victory in the US Presidential election. He also told reporters on Tuesday that “significant progress” was being made to agree a new fiscal stimulus bill.
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.’
