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Pelosi remains optimistic that an agreement can be reached before US election

Drew Hammill, the spokesperson to the US House Speaker Nancy Pelosi, recently tweeted that the Speaker and Secretary Mnuchin spoke today at 2:00 p.m. by phone for 52 minutes.


Market implications 

US stocks have been sliding on the surge in covid cases.

The S&P 500 is down some 2%, but stablising and off the lows of the day. 

The news has helped stocks recover some more. 

WTI heavily on the back foot, but right tail remains fat

West Texas Intermediate crude bears are on the warpath, swiping over 3% off the black gold's price at the start of the week. The coronavirus pandemic
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AUD/USD moving sideways between 0.7100 and 0.7160

Australian dollar’s recovery from last week lows at 0.7020 has stalled on Monday below 0,7160. The pair has been moving within previous ranges, suppor
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