Reuters reported on the Telegraphs news that the British government has turned down an opportunity to join a European Union coronavirus “scheme” after ministers expressed concern over “costly delays”.
The European Commission is expected to be notified on Friday, the report said.
Meanwhile, COVID-19 update: Second waves yet to cause market distress.
Market implications
For Thursday, there was a mix of sentiment and the NASDAQ made record highs, again. More on this here: Wall Street Close: NASDAQ outpaces its comrades again.
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GBP/USD Price Analysis: If the price falls further there is a good support at 1.2533
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