New Overnight Developments Abroad - Daily Update
U.K./EU Trade Talks and U.S. Fiscal Stimulus Negotiations Getting Late
December 2, 2020
Time is fast running out for post-Brexit trade talks between the European Union and British government and for U.S. congressional fiscal stimulus negotiations. Both of these remain bogged down, and failure to compromise would have adverse short-term economic implications. Investors are becoming more uneasy. Sterling dropped 0.9% against the dollar overnight, and U.S. and European […] More
