Thursday 22nd October 2020
Talks are back on. Safter setting a deadline of Tuesday, Nancy Pelosi is continuing talks with the Republicans with a view to getting a stimulus package agreed for the US by the weekend. And after giving each other the cold shoulder for the first half of the week, the UK and EU are back to talking about a Brexit deal, meeting every day now until the issue is resolved. “This is the final run in”, says NAB’s David de Garis on today’s Morning Call podcast. If successful it could boost the pound, but the risk goes both ways. Meanwhile rising COVID numbers continue to cause concern and oil prices have taken a hit after a surprise rise in gasoline inventories in the US.