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Brexit, US stimulus, and the Fed to keep market busy – Sydney Morning Herald

The markets prepare for the last major trading week of the year this week, with a plethora of issues still confronting market participants.

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The market is still waiting for a US fiscal stimulus deal. After brief signs of progress on a package, negotiations have seemingly stalled once again, with Speaker of the US House of Representatives Nancy Pelosi last week flagging the talks between Republicans and Democrats would extend beyond Christmas. While US Congress did agree to a stop-gap spending bill last week that would avert a Government lockdown, US lawmakers are still apart on a more comprehensive spending bill, with the two sides currently…

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