UK and European stocks flat today

UK and European stocks flat today

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UK and European stocks are flat this morning. Global markets were generally higher on Monday with positive sentiment fuelled by vaccination optimism, hopes that a new round of US economic stimulus will be forthcoming and strong earnings. More major companies are reporting today including Twitter.

The EU has reached a deal with Pfizer and BioNTech for 300 million additional doses of their vaccine.

The Pound has been strong recently against other major currencies. Today GBPUSD has reached its highest level since April 2018.

Donald Trump’s impeachment begins today.

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.’

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