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.
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.’