Political developments will drive the markets

Despite the various economic data and central bank decisions, the focus will be on any developments related to Brexit and US stimulus packages. Any positive developments regarding a trade agreement between Britain and the European Union will play a positive role in the markets. With regards to the US stimulus package, the debates continue between policymakers, and any developments that favor the approval of the package will support confidence in the markets, while the deviation of the plan’s hopes may reduce the risk appetite.

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