Comments by ECB vice president, Luis de Guindos
He’s highlighting the double-dip recession risk as the tighter restrictions implemented at the start of the month looks set to continue into December as well, considering that the virus situation in many countries have yet to abate.

BBC Europe editor, Katya Adler, tweets
After a briefing to member states on state of play in EU-U.K. negotiations, EU diplomat says: „Gaps are only slowly shrinking on core issues like level playing field, governance and fisheries.“ Says there’s growing concern enough time left.
Essentially, both sides are still waiting on the other to budge on the

Reuters reports, citing an EU diplomatic source
Daily Express‘ Brussels correspondent, Joe Barnes, also corroborates with the report in saying that Barnier will be briefing EU member states tomorrow to update on Brexit talks.

Keep an eye out on things at the end of December
actual
There are two key unemployment programs still running in the US currently and that is the Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC).

Latest data released by UK CBI – 19 November 2020
UK manufacturing orders is seen declining at a quicker pace in November, with order books seen softening again amid more lockdowns across the region. Of note, output volumes have declined to their slowest pace in over a year, according to CBI.

BBC political editor, Laura Kuenssberg, reports
„Barnier has cancelled briefings to EU side – planned for Tues night and then Weds lunchtime – only a hint, but perhaps a good sign that negotiators are churning through the obstacles to a deal, working not briefing!“

Dollar buyers looking to seize more near-term control
US futures are sitting lower by around 0.5% while European indices are down by ~1% as the optimism from the vaccine pop earlier in the week is quickly put behind us now.

But to a lesser degree and perhaps shorter lasting timeframe
Pfizer passed the final hurdle of meeting the safety requirements to apply for emergency-use approval, but the announcement also came with a bit of an attempt to try and one up Moderna as they claim that their vaccine is 95% effective upon final analysis.

Latest data from the Mortgage Bankers Association for the week ending 13 November 2020
–  -0.5%
– Market index 831.5 vs 833.9 prior
– Purchase index 303.9 vs 293.5 prior

Pfizer plans to file for emergency-use authorisation from the FDA
– Vaccine shown to be 95% effective in final efficacy analysis of Phase 3 trial
– Plans to file for emergency-use authorisation within days
Risk trades are getting another shot in the arm on the news here, albeit a more modest one this time around. European stocks are