Despite a September wobble on stock markets amid a second wave of the pandemic across many parts of the world, failure to renew U.S. fiscal stimulus and trepidation about November's White House election, most assets still look set to end Q3 comfortably in the black on Wednesday. Europe's banking sector, Britain's FTSE100 and the DXY dollar index remain the red as the Fed and other central banks signalled years of zero or even negative interest rates ahead and the standoff over a post-Brexit trade deal dogged sterling and UK blue-chips.
Chart by and commentary by Mike Dolan.
If you liked this, do consider subscribing. It’s free, and delivered to your inbox daily!