UK PM Johnson: Advice I have to day is that regional lockdowns can bring down virus spread 0 (0)

UK prime minister, Boris Johnson, remarks in PMQs
He is trying to brush aside the pressure and calls for a ‚circuit breaker‘ lockdown in the UK but if his current approach doesn’t bear fruit soon enough, expect the naysayers to hang the virus situation over his head in the coming weeks/months.

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US MBA mortgage applications w.e. 9 October -0.7% vs +4.6% prior 0 (0)

Latest data from the Mortgage Bankers Association for the week ending 9 October 2020
–  +4.6%
– Market index 798.9 vs 804.7 prior
– Purchase index 311.1 vs 316.0 prior
The long-term mortgage rate falls to a new record low on the survey as the drop in mortgage applications largely stems from a slight moderation in purchase activity. That

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EU must increase pace and creativity to get Brexit deal – UK official 0 (0)

Bloomberg reports, citing a UK official on the matter
– EU trying to run down the clock as a tactic
– Time is extraordinarily short to get a Brexit deal
The Brexit mill is in full spin now with the Daily Express‘ Brussels correspondent, Joe Barnes, also saying that the UK sees the EU thinking it could use

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Brexit: EU’s Barnier says not enough progress made yet to enter the tunnel 0 (0)

Further comments by EU chief Brexit negotiator, Michel Barnier
The headline remark is perhaps what is weighing slightly on the pound now as we see cable fall from 1.3050 to 1.3025 currently. The low today was at 1.3016 with yesterday’s low at 1.3005 another level to take note of in case sellers try to make a

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