UK PM Johnson: Very likely that we will have a no-deal Brexit

British Prime Minister, Boris Johnson crossed the wires in the last hour and said that we are always hopeful on Brexit. But from where we stand now, it is very, very likely that we will have a no-deal Brexit, Johnson added further.

Additional quotes:

There is a way to go.

Yet to see a big change from the EU.

Ratchet clause is a problem in EU trade talks.

Fish is a problem.

The comments did little to ease the prevalent bearish pressure surrounding the British pound and dragged the GBP/USD pair fresh multi-week lows, around the 1.3160 region.

Dec 11, 2020

S&P 500 Index: Correction to extend on a close below 3644 – Credit Suisse

The S&P 500 Index remains under near-term pressure following its failure earlier this week to sustain its latest move to a new high. Support at 3644 n

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Dec 11, 2020

EUR/GBP retakes 0.9200 mark for the first time since September 23

The EUR/GBP cross maintained its strong bid tone through the mid-European session and climbed to the highest level since September 23 in the last hour

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