The EU summit is due to take place this Thursday, which could determine whether a Brexit deal will be agreed before the end of the transition period. Member states will consider the current state of negotiations. Talks between the two sides continue this week in the run up to the summit and the markets will be looking out for any developments.
After the Trump administration proposed a new stimulus package to help the US economy at the end of last week, it has been met with opposition from both Democrats and Republicans, casting doubt over if and when the US economy will receive this extra help. ECB officials will speak today as coronavirus infection rates rise across Europe.
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