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b'Friday 18th September 2020It\\u2019s been a topsy turvy session overnight, that\\u2019s seen equities slide even though a day ago the FOMC was signalling years of near zero interest rates. NAB\\u2019s Gavin Friend says by extending the expected period of low rates investors dwelled more on the negative impacts of the virus. There was some optimism that a deal would be struck to provide more fiscal stimulus in the US, but despite the President\\u2019s calls for Republicans to be prepared to spend more, a deal still seems unlikely. In the UK the pound also twisted and turned, driven up by optimism over a Brexit deal from Ursula von der Leyen and driven down by talks of negative interest rates from the Bank of England.

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