Brazil will import Chinese-produced coronavirus vaccine Sinovac for trials 0 (0)

Brazil’s President Jair Bolsonaro said last week China lacked the creditability to develop a cure for the coronavirus.
Whoops. 
Now a Sao Paulo research centre, partnered with China’s Sinovac Biotech Ltd, was granted “exceptional” permission to bring six million doses fo the COVID-19 drug into the country for phase three trials.

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ForexLive Americas FX news wrap: Back and forth but relatively subdued 0 (0)

Forex news for North American trading on October 23, 2020:
Markets:
– Gold down $2 to $1902
– US 10-year yields down 2 bps to 0.836%
– S&P 500 up 12 points to 3465 (down 0.5% on the week)
We may have settled into a pre-election lull as it was a day of ebb and flows but not much conviction.

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Spain PM Sánchez: 3 million people have been infected by the coronavirus in Spain 0 (0)

Spain prime minister, Pedro Sánchez, briefs on the pandemic
There’s no saying where he is getting the headline figure from, but that is triple the amount of reported confirmed cases in Spain currently. The official tally just surpassed 1,000,000 cases earlier this week – having doubled to that in just six weeks.

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UK’s Truss: If EU won’t do a Brexit deal, we will go to Australia terms 0 (0)

Comments by UK international trade secretary, Liz Truss
For those confused by the terminology, Australia terms simply means a no-deal outcome.
This mainly reaffirms the UK’s stance ahead of talks once again. As things stand, the supposed deadline will be the end of the transition period i.e. 31 December but given how many times we’ve been down

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Ireland’s Coveney: Brexit talks process is now ‚back on track‘ 0 (0)

Comments by Irish foreign minister, Simon Coveney
– I think a deal can be done
– The issues preventing a deal being finalised are very much still there
Looking past all the bluffs and political theater, they were never once ‚off track‘ to be honest. We’re back to the same situation we were at the start of October,

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BOE’s Bailey: After the crisis, businesses will need equity investment on a scale not seen in normal times 0 (0)

Remarks by BOE governor, Andrew Bailey
There isn’t much else besides the headline comment for now, and it is likely he won’t be touching on policy at all in the panel discussion today as it pertains more towards sustainable finance and climate change.

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