The deadline is on approach, today in Brussels the final round of negotiations begin between the EU and UK. Its already been a choppy kick off to the week for GBP. Optimism:
There is much chatter about on an attack on the embassy being planned. The embassy is heavily defended inside the Green Zone in the city so perhaps its rockets and such. Or fervent-type dudes with a death wish.
When I say 'Australia' I refer to Australian taxpayers of course. The Australian government has decided on a further extension of support measures for airlines. Further details will be announced later today.
The NYT says it has obtained Trump's tax records, link to the piece is here: Trump has (finally) been asked about it and says its fake news, that the truth will come out when his returns are released after audit.
Trump is speaking from a White House event. He expresses confidence he will win the election but if not 'of cpourse' there will be a friendly transition. Which is good news.
If there is anything pertinent I'll get it posted. Trump may be talking about the leaking of his tax returns, yes they have finally come out. The New York Times:
European Central Bank member and Italy's central bank governor Ignazio Visco spoke at an event on Sunday. Sabre rattling from Visco. EUR has backed off from recent highs but not by much.
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A nearly empty data calendar for the session ahead. Over the weekend China released data for Industrial Profits for August: +19.1% vs +19.6% prior y/y
Speaking to media on Sunday. Pelosi says still speaking with US Treasury Secretary Mnuchin. Huh. Pelosi and Mnuchin are not the issue. Until we see something substantive from Senate leader McConnell and/or stimulus blocker Meadows in the White House what Pelosi or Mnuchin say is irrelevant.
