In Europe, Wednesday’s dinner between Boris Johnson and Ursula von der Leyen was a complete flop and only postponed the deadline for negotiations to Sunday. For the moment, the British Prime Minister is rather pessimistic and said that there is now a strong possibility that we have a solution that is more like the relationship that Australia has with the EU. In other words, WTO rules since the EU doesn’t have any comprehensive trading agreement with Australia.

The President of the European Commission said that she wants to mitigate the effects of a no-deal Brexit at the very least by taking emergency measures. These are aimed at maintaining connectivity in road and air transport throughout the first half of 2021, as well as guaranteeing access to the waters of both parties for fishing vessels until the end of next year. In any case, the situation is worrying and is already having adverse effects with congestion in the southern English cargo ports.

However, the 27 have agreed on the main lines of the recovery plan. The leaders of the European Union adopted a compromise on the rule of law allowing the lifting of the Hungarian and Polish vetoes on the budget and the unblocking of the European recovery plan for the post-Covid-19 period.

On Wall Street, the first trading days of Airbnb (+113%) are impressive, as well as those of C3.ai (+120%) and DoorDash (+ 86%).

Yesterday on the markets, the indices moved within narrow bounds, as has been the case for the last few days with a few exceptions.

On the agenda today in the United States, the Producer Price Index and the University of Michigan's Consumer Confidence Index for November.