Christmas Eve saw press conferences from both the European and UK sides proclaiming the breakthrough in trade talks and agreement of a deal.
Sterling, which had been strengthening – along with the stock market, which closed on a 10-month high – on rumours of a deal, then fell.
In the US, President Trump agreed a $900bn economic aid package to boost the economy amidst the Covid epidemic, plus a $1.4tn government spending budget.
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