It was an uneventful start to Thursday, with most of the major markets failing to get out of bed.
After climbing to a 6,460 last night – leaving it a whisker away from a 6-month-high – off the back of the pound’s no deal Brexit worries, the FTSE paused this morning, content enough to open unchanged.
Sterling, on the other hand, managed to claw back some of yesterday’s losses, rising 0.3% against the dollar and 0.1% against the euro. It could still be in peril this Thursday, however – reports are that France has threatened it could veto any Brexit deal if it perceives that the EU has given away too much to the UK.
Still with sleep in their eyes, the Eurozone indices tripped at the open, with both the DAX and CAC slipping 0.2%.
As for the Dow Jones, it is heading for a 25 points drop this afternoon. The index is continuing to lurk within range of 30,000, but has struggled in the last couple of sessions to find justification for closing above that milestone. And with the US seeing its highest daily death total since April – that’s before a super spreader Christmas period, one that comes hot on the heels of Thanksgiving – good cheer may be thin on the ground once again.
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