UK Stocks-Factors to watch on Dec. 27

Dec 27 (Reuters) – Britain’s FTSE 100 .FTSE index is seen opening up 9 points on Wednesday, according to financial bookmakers, with futures FFIc1 0.1 percent higher ahead of the cash market open. * IWG: British serviced office provider IWG PlcIWG.L said it has received a bid approach from Canadian …

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Finland Consumer Confidence At 7-Month High

Finland’s consumer confidence improved in December to the highest level in seven months, figures from Statistics Finland showed Wednesday.

The consumer confidence index rose to 24.0 in December from 23.0 in November.

Moreover, this was the highest s…

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Swiss Consumption Indicator Falls Slightly

Swiss consumption indicator dropped slightly in November, but remained above its long-term average, data from the investment bank UBS showed Wednesday.

The consumption index edged down to 1.67 in November from 1.68 in the previous month.

However, t…

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Franc Little Changed After Swiss UBS Consumption Indicator

Following the release of Swiss UBS consumption indicator for November at 2.00 am ET Wednesday, the franc changed little against its major rivals.

The franc was worth 0.9890 against the greenback, 114.47 against the yen, 1.1748 against the euro and 1….

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LONDON MARKET EARLY CALL: Brent Oil Jumps On Libya Pipeline Explosion

IG says futures indicate the FTSE 100 index of large-caps to open 7.84 points higher at 7,600.50 on Wednesday. The FTSE 100 index closed down 0.2%, or 11.32 points, at 7,592.66 on Friday. Brent oil was quoted at USD66.67 a barrel early Wednesday, up fr…

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Franc Falls Vs Most Majors Ahead Of Swiss UBS Consumption Indicator

At 2.00 am ET Wednesday, Swiss UBS consumption indicator for November is due. The consumption indicator stood at 1.54 points in October.

Ahead of the data, the franc traded mixed against its major rivals. While the franc dropped against the euro, po…

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U.S. Dollar Drops Against Majors

The U.S. dollar declined against its major counterparts in late Asian deals on Wednesday.

The greenback pared gains to 113.17 against the yen, from an early 2-day high of 113.36.

The greenback eased back to 0.9887 against the franc, heading to pierc…

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FTSE 100 Price Forecast December 27, 2017, Technical Analysis

The FTSE 100 was closed during the trading session on Tuesday of course, as we continue to celebrate the holidays. In the United Kingdom it’s Boxing Day, and that of course keeps the markets close. I believe that looking at the Friday reaction to the 7600 level is important, as it was a bit resistive.

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Generational challenge

Here’s how a 202-year-old American sail-making business grew and evolved to what it is today.

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PRESS DIGEST- British Business – Dec 27

Biotech start-up Faron Pharmaceuticals Oy is preparing itself for a pivotal year in 2018 after poaching an executive from FTSE 100 giant AstraZeneca. http://bit.ly/2CcwxOz. Sky News. – Four preserved foetuses were among human remains found when the FBI…

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PRESS DIGEST- British Business – Dec 27

… in shoplifting after it emerged that a 200-pound ($267.44) threshold for pursuing criminals has been quietly introduced. bit.ly/2C9gjDy. – Biotech start-up Faron Pharmaceuticals Oy is preparing itself for a pivotal year in 2018 after poaching an ex…

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How Bitcoin Changed Investment in 2017

The last year has been comparatively quiet for the FTSE 100 – at least compared to 2016 and the shock of the Brexit vote. The FTSE 100 managed to claw back some strength this year, hitting an all time closing high just before Christmas, and the FTSE 25…

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From rags to riches: the towering achievements of those who left us

Manjit Wolstenholme, who died aged 53 in November, was the first woman from an ethnic minority to chair a FTSE 100 company, after being sent in to save Provident Financial, the troubled lender. Sir Peter Burt, who died aged 73 in November, had an ambition to “make banking boring”. As chief …

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Japan Housing Starts Data Due On Wednesday

Japan will on Wednesday release November numbers for housing starts and construction orders, highlighting a light day for Asia-Pacific economic activity.

Housing starts are expected to fall 2.6 percent on year after losing 4.8 percent in October. Con…

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South Korea Consumer Sentiments Ebbs In December

The Composite Consumer Sentiment Index for December stood at 110.9, the Bank of Korea said on Wednesday – down 1.4 points from November.

Consumer sentiments regarding current living standards and their future outlook were two and one points lower res…

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BRAZIL: Interest Rate Forecast For 2018 Cut To 6.75% Per Year From 7%

Economists polled by the Brazilian central bank cut their estimates for the country’s benchmark interest rate (Selic) by the end of 2018 to 6.75% after thirteen weeks stable at 7%. The forecast for the average rate in 2018 was kept at 6.75% from 6.81%…

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Australian stocks set for steady start

Europe’s FTSE 100 and Frankfurt’s DAX were closed over Christmas an Boxing Day, as was Hong Kong’s Hang Seng. Locally, no major economic or equities news is expected today. Last Friday the Australian market crept higher, boosted at the end by strong rises in iron ore and oil prices that offered …

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