Insights

• Pre-election US relief package “would be difficult” says treasury secretary Mnuchin
• Fed Kaplan says disadvantaged Americans need help getting back to work “many of the folks who have lost their jobs may not have a business to go back to”
• EU still 

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• Eli Lilly paused its government sponsored clinical trial of Covid-19 antibody treatment because of safety concerns
• Fed’s Daly said “I see us well positioned to weather this storm”
• UK 

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• Johnson & Johnson vaccine trial paused after “unexplained illness”
• Fauci says US “facing a lot of trouble” as coronavirus cases continue to surge coming into winter
• US to 

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++ Fears of a delayed Presidential Election result are overblown, due to vote processing, voting deadlines and recount rules in the states that matter ++

With rapidly changing electoral procedures,

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• UK PM to announce new local lockdown three tier system at 3.30pm; Liverpool to go into toughest level with pubs, bars, gyms to close; but hospitality groups are mounting a legal challenge and mayor of Greater Manchester 

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