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8 Oct 2020

BoE’s Bailey: Does not expect second wave of COVID to have same economic impact as in spring

The Bank of England (BoE) Governor, Andrew Bailey, via the Yorkshire Post, said that the second wave of the coronavirus will obviously add to economic uncertainty but is not expected to have the same impact as in the spring.

Key quotes:

  • Some sectors of the economy need further support for the recovery.
  • Some parts of the economy will face structural change due to the pandemic.
  • It is in the interests of the UK and EU to get a Brexit deal.
Oct 8, 2020

US VP Debate: Markets disregard a civilized debate

Vice-President Mike Pence and Senator Kamala Harris debated for 90 minutes in Salt Lake City and the contest was civilized compared to the Trump-Biden
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Oct 8, 2020

WTI: Little chances to break the $37-$42 range – TDS

WTI Oil has been flirting with the $40 level after Crude Oil Inventories showed a minor increase of 0.5 million barrels, worse than expected. Bart Mel
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