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8 months ago
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Rolling coverage of the latest economic and financial news
Latest: Sterling volatility jumps ahead of crunch meeting Pound at its highest level of the week Introduction: FTSE 100 and sterling open higher Vaccines and US stimulus hopes also lift markets Chances of Brexit deal hang on Boris Johnson and Ursula von der Leyen dinner4.11pm GMT
Over in a cold, quiet Brussels itself, there’s little interest in tonight’s crunch dinner among the locals.
Indeed, they sound rather weary of the whole Brexit saga (and who can blame them?), as my colleague Jon Henley reports, chillily:
It may have been billed as the dinner that will decide the fate of Brexit, but on the half-frozen and almost wholly deserted streets of Brussels’ windswept European quarter there were few who seemed to know, and even fewer who cared.
“Are they really?” asked Emma Delprez, 37, a PR consultant, informed that the British prime minister, Boris Johnson, and Ursula von der Leyen, the European commission president, were due to meet later in a do-or-die attempt to break the impasse.
Related: Little appetite on streets of Brussels for drama of crunch Brexit dinner
So it's bloody cold here, and no one on the streets can be arsed with Brexit any more https://t.co/VxebY5n7eI
4.07pm GMT
The number of job openings in America has risen - as the pace of hiring slows, and more people are laid off off.
The US labor department’s JOLTS survey shows there were 6.652 million vacancies at the end of October, up from 6.49m a month earlier. That would typically be a sign of an improving jobs market....
Nice surprise for October JOLTS job openings … up to 6.652M vs. 6.3M est. & 6.494M in prior month (rev up) … pace of hiring 4.1% vs. 4.2% prior; quit rate unchanged at 2.2%, separations 3.6% vs. 3.4% prior; layoffs/discharges 1.2% vs. 1% prior pic.twitter.com/u6AdD4NOdn
With job openings on the rise, the number of unemployed should continue to drop over time. #JOLTS pic.twitter.com/LHlOije2aH
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