Markets subdued amid Brexit and Covid-19 fears – business live


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8.08am GMT

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Related: Brexit: Johnson heads to Brussels after UK holds out olive branch

Though an in-person meeting was taken by some as a positive sign, along with the fact the two sides are still talking, a UK government source said to journalists that “”Whilst we do not consider this process to be closed, things are looking very tricky and there’s every chance we are not going to get there.”

#Brexit progress continues to disappoint as the EU and UK remain deadlocked on fish, trade and governance, and dispute settlement negotiations.

With a Wednesday deadline, #BoJo offered as a concession to remove illegal clauses from the internal bill.

Of course, the Brexit soap opera remains a key talking point, though still, little reliable or substantial information about the negotiations has been released.

UK Prime Minister Boris is on his way to Brussels for talks with his counterpart Ursula Von Der Leyen, with the market likely to remain jumpy going into tonight’s trade as market participants await a definitive answer on the trade pact.

Related: Coronavirus live news: 90-year-old Briton becomes first to receive Covid-19 vaccination; South Korea orders vaccines for 44 million people

Related: Trump administration refused offer to buy millions more Pfizer vaccine doses

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