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FTSE 100 sleepwalking to the end of a day of modest losses proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
LONDON MARKET MIDDAY: No-Deal Brexit And No-Stimulus US Hit Stocks
Fri, 11th Dec 2020 12:05
(Alliance News) - Stalled Brexit talks remained the driver of trading in London at midday on Friday, with stocks and sterling struggling as traders peered over the precipice of a no-deal Brexit. With precious little time left to strike a deal, Brexit negotiations are looking unlikely to yield anything positive. Banks have been in the firing line, with the prospect of further economic weakness overshadowing the fact that they appear to be well prepared, IG market analyst Joshuan Mahony said.
The continued failure of the US Congress to pass an economic stimulus package was adding to the negativity among investors.
BlackRock, Goldman, and Mubadala Take Calisen Private swfinstitute.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swfinstitute.org Daily Mail and Mail on Sunday newspapers.