18th December 2020

18th December 2020 header image

Weekly Roundup

As we enter into the final weeks of the calendar year, the FTSE100 has seen a relatively quiet week of trading, seeing an advance of 0.3%. The UK Government continues to be at a cross-roads with the EU as negotiations enter their final stages. The sovereignty of fishing rights is a key stumbling block with EU Commission head, Ursula von der Leyen stating it will be very challenging to bridge the differences.

With the UK set to leave the EU on December 31 with no deal yet to be agreed and the festive period seeing reduced trading volumes, the markets are trading cautiously.

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