With Brexit negotiations almost at a close, Britain will start the new year without the EU. All eyes are now on how the UK’s economy will bounce back depending on deal or no deal.
Stocks fell after a six-week high reversing a coronavirus recovery. Traders are no longer waiting for an agreement for the U.S. stimulus as it is expected the coronavirus aid package will be introduced after the November election. The International Monetary Fund warned an economic recovery will not be smooth until the virus is tamed as they prepare an annual meeting with the World Bank to discuss the worst economic recession since the Great Depression.