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Fears. Republicans are sounding more optimistic about fresh fiscal support while u. S. Virus cases spiral. Good monday morning. 6 00 a. M. In london, 7 00 a. M. In brussels, where brexit negotiations are taking place over the weekend. Lets see where we trade this monday morning. We did not get a brexit deal. What we do see after the friday rally, the s p 500, the doubt, the russell the dow, the russell, all hitting new highs. The u. S. Plans to add sanctions on about a dozen chinese officials. The msci down about 0. 2 this morning. Many futures are down 0. 3 . 10year yield on friday inching closer to 1 , a level we havent seen since march, steepening on the t the largest steepening since 2017. This is on fresh stimulus talks. The pound, we saw some softness. The pound is the barometer for brexit, and brexit negotiations resumed in brussels yesterday. Signs one of the biggest obstacles to a trade deal is close to being resolved. U. K. And eu are hoping to finalize the deal, but another ....
And this at the moment, and the main aim that netanyahu, how deicing, with these visit to saudi arabia could meet m. B. s, the crown prince. The 1st priority for relief for israel is to get iran put at the top of the agenda for the administration. The same coming administration will have many other domestic issues to deal with. Its not clear whether they will control the senate or not. Its not clear theyll get their agenda through and he wants to put iran really sort of front and center. So this is a way of calling attention to it. Calling attention to iran, if you like, what he would add a regional role. And i think the other aspect of whats going on is to sort of heighten the tensions because the railroad was the main reason i think for the visit to saudi arabia was to agree a few reichen agenda with the saudis, about iraq. Where are we going to stand in iraq . I mean, i think, i mean, this isnt this character tony blinken has previously said about talk about regime change in syria a ....