Stocks are up this morning after European Commission President Ursula von der Leyen confirmed that the EU and the UK would go the “extra mile” and extend the deadline for a post-Brext trade deal beyond Sunday. Both sides have said that there are still key differences and Boris Johnson said that businesses need to be ready for a no-deal outcome.

Markets also helped at the start of this week by approval of the Pfizer-BioNTech vaccine on Friday by US regulators which means the vaccine can begin rolling out.

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