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09 October 2020
6 min read

The Opening Belle


The broadly positive risk tone continues.

Japanese shares were softer after disappointing consumer data.

China's equity markets aren't hanging about after their Golden week holiday.

U.S. Futures in the green too

The Stimulus Pantomime Continues

It's getting messy (messier?) now.

Trump is up for a stimulus bill, the larger the better.

The GOP are generally worried about going much over 1 trillion, with Mnuchin's $1.6 trillion figure already uncomfortably high.

Pelosi says there can be an airline aid bill, but only within the context of a broader package agreement.

None of their positions have really changed, and markets

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