Investors are watching tensions between the European Union and Britain after the EU demanded "substantive" movement on Tuesday on fisheries, dispute settlement and guarantees of fair competition in their talks on a post-Brexit trade deal.
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European stock markets are seen opening mixed Tuesday, with investors having to sift through the conflicting impulses of strong Chinese export data and a setback in the progress towards a Covid-19 vaccine.
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The USD has weakened on hopes of stimulus in the United States. Watch the video to get the outlook for the major pairs!
What may push the AUD down this week? What economic releases are worth following? Jump in to know all the answers and get the analysis of EUR/USD, gold, GBP/USD, and USD/JPY!
US House Speaker Pelosi said we remain at an impasse in COVID-19 aid talks; Trump admin has called on Congress to pass a stripped-down version of the relief bill.
UK August monthly GDP comes at +2.1% vs +4.6% m/m than expected
The risk-on sentiment across the markets is improving, as the White House hints about a large-scale stimulus.
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The market is relatively quiet on comments that despite the disagreements, the UK and the EU may come to a deal on time.
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