The United Kingdom and European Union have agreed on a trade deal ahead of the Dec. 31 deadline.
The two sides had been embroiled in intense talks since March to establish how commerce will work from January onward.
The trade agreement still has to be ratified by the U.K. and EU parliaments in the coming weeks.
In observance of Christmas, U.S. securities exchanges, Federal Reserve Banks, and most of the nation's banking institutions will be closed on Friday, December 25, 2020. Equity markets will close early, at 1 p.m. ET, on Thursday, December 24
Gold steadied and most base metals advanced as the dollar weakened, with investors awaiting the final announcement of a historic post-Brexit trade deal.
