11.11.17

Le Washington Post a révélé jeudi que Roy Moore, le candidat républicain aux prochaines élections sénatoriales d’Alabama, serait sorti avec des adolescentes à la fin des années 70, début des années…

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The Lull

Expect subdued trading as market now look towards the final month of trading and the focus will be on likelihood of more stimulus from the Federal Reserve and the European Central Bank (ECB).

The US stock and bond markets will have an early close on Black Friday. Expect subdued trading as market now look towards the final month of trading and the focus will be on likelihood of more stimulus from the Federal Reserve and the European Central Bank (ECB).

Chill and enjoy the weekend.

Key risks — Higher US interest rates and a stronger USD remain the main risks for now.

TRUMP SAYS HE WILL LEAVE WHITE HOUSE IF BIDEN WINS ELECTORAL COLLEGE VOTE

U.S. President Donald Trump said on Thursday he will leave the White House if the Electoral College votes for President-elect Joe Biden, the closest he has come to conceding the Nov. 3 election, even as he repeated his unfounded claims of massive voter fraud.

Asked if he would leave the White House if the Electoral College votes for Biden, Trump said: “Certainly I will. Certainly I will. And you know that.”

“But I think that there will be a lot of things happening between now and the 20th of January. A lot of things,” he said. “Massive fraud has been found. We’re like a third world country.”

A THIRD OF ENGLAND FACE TOUGHEST COVID CURBS, LONDON SPARED FOR NOW

More than 20 million people across large swathes of England will be forced to live under the toughest category of COVID-19 restrictions when a national lockdown ends on Dec. 2, while London was placed in the “high alert” second-toughest tier.

Britain has Europe’s highest official death toll from the COVID-19 pandemic and has been hit hard by a second wave. The government’s response on lockdown rules, procurement and testing has been criticised as disjointed, expensive and slow.

“We must follow these new rules and make sure that our actions today will save lives in future and help get our country through this,” Hancock said.

BERLIN PLANS SIX VAST COVID-19 VACCINATION CENTRES HANDLING 4,000 PEOPLE A DAY

Germany appears to be the furthest ahead of European nations in its planning for the daunting logistical and administrative challenge that could be just a few weeks away if the first vaccines gain approval.

Europe’s drug watchdog expects to receive the first application for conditional marketing approval for a COVID-19 vaccine “in the coming days”, it said on Thursday, the latest step towards making a shot available outside the United States.

Health Minister Jens Spahn said Germany has secured around 300 million vaccine doses. Other German states have said vaccination centres will be ready from mid-December and mobile teams will inoculate the most vulnerable.

Elsewhere in Europe, preparations appear mixed.

There are no notable dataprints today, risk will continue to be driven by virus situation, and vaccine development.

FX

STOCK INDICES

Best,
Phan Vee Leung
CIO & Founder, TrackRecord

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