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IBEX 35, CAC 40 Forecast: Mixed Sentiment as Caution Returns but Hope Remains
Key Talking Points:
IBEX 35 sees caution creep in
CAC 40 trades sideways trapped between two key areas Advertisement
COVID CONCERNS VS BREXIT AND US STIMULUS HOPES
European equity markets are mixed this morning as growing Covid-19 concerns keep investors cautious as Christmas holiday plans may be in jeopardy. London will enter into a tier 3 lockdown this evening, following Germany, France, and the Netherlands in tightening their restrictions.
This is met with improved sentiment surrounding Brexit negotiations, given comments yesterday that talks will continue as long as there is a commitment to work out a trade agreement. Speculation about the possibility of talks stretching past the new year is growing, as many believe this could be done by avoiding a hard Brexit rhetoric if both parties commit to continue their attempt at finding a suitable compromise.