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Consolidation Mode But Remains Bearish

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Fails To Hold Onto Thursday’s High

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'Big Tech' Bill Goes To Senate

COMMODITIES

Oil Up For Fifth Week On Supply Disruption, Geopolitics

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Ireland's Foreign Minister Simon Coveney has stated that he believes it is unlikely that the European Union and the United Kingdom will be able to resolve their differences over the Northern Ireland protocol by year-end.

  • Coveney states, as EU and UK officials have done with some frequency in recent weeks, that there has not been a breakthrough moment in talks and significant gaps remain between the two sides' positions.
  • Talks between UK Cabinet Office minister Lord Frost and European Commission VP Maros Sefcovic resume tomorrow. Will take place virtually due to rising COVID-19 cases in Europe and spread of Omicron variant.