Wednesday 16th December 2020
Equities have climbed higher in the US and in Europe on the hopes that two deals will be struck this week. NAB’s Rodrigo Catril talks about the market response to a tweet from the BBC’s Nicholas Watt, suggesting there was a buzz around Brexit talks and a resolution could be close. There’s also renewed hope that the text for a fiscal stimulus deal will be agreed in the US. We might hear progress on both of those in the next few hours … or maybe not! Aside from all that, tomorrow morning’s question will be, what next from the FOMC? There’s some discussion on that in today’s podcast.