US markets close sharply higher but the Dow, Nasdaq and the S&P 500 are all set to finish September firmly in the red to break a 5-month winning streak. As cases continue to rise amid the virus resurgence, Democrats are hopeful of striking a deal with the White House after proposing a fresh $2.2tn stimulus bill. Meanwhile the U.S. election race heats up with the first presidential debate set for tonight in Cleveland. This, as it is reported that President Trump paid no federal income tax for a decade. In Europe, Brexit talks resume and sterling rallies, but disputes between Brussels and London remain. European Commission President Ursula Von Der Leyen says that she is still hopeful of coming to an agreement to minimise the negative impact on both the British and EU economies. And in luxury news, LVMH slams U.S. jeweller Tiffany for its “catastrophic performance” and is filing its own lawsuit over the collapse of the proposed $16.6bn tie-up

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