Markets subdued amid Brexit and Covid-19 fears – business live

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Oil is under a little pressure this morning too, with Brent crude dropping 0.5% to $48.55 per barrel. The oil price hit nine-month highs last week, with Brent approaching $50 per barrel, after Opec+ agreed to only increase production modestly next month.

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I was sorry to hear that rich people are feeling subdued.

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