A frisson of excitement has replaced the jitters of the last fortnight, with early trading sending FTSE 100 to a three-week high before heading into negative territory.
A twinkle of deal-making glitter is seeing Nvidia pay $40bn for Britain’s ARM. Oracle looks to have won the battle for TikTok’s US app and two American US drugs groups are also combining.
Japan is about to get a new leader, while China and the EU are trying to shine a way for future relations at a video-summit.
In the UK, an aptly-named musical is to tread the boards at theatres again, though there remain fears that the new ‘rule of six’ won’t work elsewhere.
Disharmony is increasing in Westminster as another former PM speaks out over Boris’s bill to break the Brexit divorce treaty. The motor industry is predicting a €110bn bill for a hard Brexit.
Other factors also risk prolonging the darkness. There may be up to 700,000 UK autumn job losses. In the US, a regulator is warning of the risks that climate change poses to the financial system.
Still, hope stirs in some unlikely quarters. Robots appear to be creating, rather than destroying, low-paid jobs in Europe.
The Stream Team