- The Johnson-von der Leyen dinner is seen as evidence that both sides see one more opportunity, and the sterling is among the strongest currencies today.
- Hopes of a $900 bln+ fiscal stimulus package in the US helped stir animal spirits and lift US stocks to record highs yesterday.
- Gold is paring its recent gains. It had rallied more than $30 in the first two days this week and is off about $10 today near $1860.
- In contrast, crude oil is higher after slipping lower in the past two sessions. The January WTI contract is pushing back above $46 a barrel.
For further details see:
Hope Burns Eternal