More of the same with the dollar and yen holding firm and with the pound and the Australian dollar remaining notable weakening currencies. Global stock markets are tremulous in the face of a plethora of risks — billowing new Covid cases, especially in Europe, and associated trend toward increasingly stringent countermeasures, an increasingly bleak near-tern outlook for a much-needed fiscal stimulus package in the U.S., the risk of the upcoming U.S.

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