The Opening Belle 14th October 2020

Opening Belle

Asian equities slightly lower overnight.

Here's the narrative;

Asian equities slipped on Wednesday as halted COVID-19 vaccine trials and an impasse in U.S. fiscal aid package talks soured risk appetite, while the greenback held on to gains as demand firmed for safe-harbour assets.

There's no broad risk-off tone and FX markets have stayed in relatively tight ranges.

U.S. Stimulus

I know it's getting boring, but the pressure for a compromise is ramping up.

McConnell sets Senate vote on coronavirus aid, Pelosi spurns White House bid

Senate Majority Leader Mitch McConnell said on Tuesday the Republican-led U.S. Senate

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Tim Vollans

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