Brexit breakthrough boosts European stock markets

London’s benchmark FTSE 100 index climbed 0.9 percent in afternoon trading. In the eurozone, Frankfurt’s DAX 30 index jumped 1.0 percent and the Paris CAC 40 won 0.4 percent. “The Brexit breakthrough is welcome news … but it is probably too early to pop the Champagne,” Rebecca O’Keeffe, head …

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S&P hits record after jobs report

The FTSE 100 in London rose 1 percent, and France’s CAC 40 gained 0.3 percent. The yield on the 10-year Treasury note held steady at 2.37 percent. The dollar ticked up to 113.51 Japanese yen from 113.13 yen late Thursday. The euro dipped to $1.1768 from $1.1774, and the British pound slipped to …

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S&P 500 returns to record following strong US jobs report

FILE – In this Monday, Aug. 24, 2015, file photo, a man walks towards the New York Stock Exchange. Stocks are opening moderately higher on Wall Street, Friday, Dec. 8, 2017, as investors welcome a strong U.S. jobs report and signs of progress in Britain’s departure from the European Union.

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Financial secrets

A “revolution” in our financial lives will begin next month, but what is it and how will it work?

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Dow, S&P 500 Reach Record Closing Highs On Upbeat Jobs Data – US Commentary

While the French CAC 40 Index rose by 0.3 percent, the German DAX Index advanced by 0.8 percent and the U.K.’s FTSE 100 Index shot up by 1 percent. In the bond market, treasuries showed a lack of direction throughout the session before closing roughly flat. As a result, the yield on the benchmark …

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Brexit breakthrough boosts European stock markets

A visitor passes a sign inside the London Stock Exchange Group headquarters. The FTSE 100 stormed 1.0% higher at 7,393.96 points yesterday. Text Size: A A A. AFP/London. Europe’s stock markets climbed yesterday and the pound briefly topped $1.35 on news of Britain’s breakthrough Brexit deal.

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BRAZIL: President Expects Senate To Vote On Pension Reform In February

Brazilian President Michel Temer spoke about the expectation of a Senate floor vote on the pension reform bill in February.

Speaking at the 22nd Annual Meeting of the Chemical Industry (ENAIQ) in S?o Paulo, Temer called lawmakers to support the pensi…

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BRAZIL: Annual Inflation Rises Less Than Expected In November

The annual inflation in Brazil slowed down to 2.50% in November, from 2.70% in October, and remained below economists projections of a 2.88% rate. It is also at the bottom of the country’s central bank target, which ranges from 2.5% to 6.5% per year.

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World Stocks Rise Over EU-UK Deal

Britain’s FTSE 100 gained 0.1% to 7,327.24 while Germany’s DAX added 1.1% to 13,193.05 and the CAC 40 of France rose 0.7% to 5,418.64. S&P 500 futures rose 0.2% and Dow futures were up 0.1%, pointing to gains on Wall Street. The dollar rose 0.2% against a trade-weighted basket of its rivals on …

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Crude Oil Fights Back On Nigeria Strike

Crude oil prices rose Friday amid concerns of supply disruptions from Nigeria, as workers are threatening to strike at a crucial production facility.

Increased demand from China a dwindling U.S. stockpiles also put a floor under oil prices after a sw…

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Dollar Gets A Boost From Strong November Jobs Data

The dollar is up against all of its major rivals Friday afternoon, but has pared its gains against its major European rivals. The release of the stronger than expected November jobs report sparked the rise in the currency at the end of the trading wee…

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Market report: Hammerson claws back lost ground on Intu deal optimism

Shopping centre owner Hammerson clawed back lost ground on the FTSE 100 after Goldman Sachs analysts bucked the consensus to insist that its opportunistic swoop for rival Intu Properties was not just a case of two drunks propping each other up at a bar…

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Weekly Summary of Research Findings: 12/4/17 – 12/8/17 [PREMIUM]

Below is a weekly summary of our research findings for 12/4/17 through 12/8/17. These summaries give you a quick snapshot of our content the past week so that you can quickly decide what’s relevant to your investing needs. Subscribers: To receive these weekly digests via email, click here to sign up for our mailing list. More

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Shire names John Miller interim CFO

Shire PLC SHP on Friday named John Miller, senior vice president of finance, as its interim chief financial officer from Jan. 1. The Irish pharmaceutical company said Mr. Miller will remain interim CFO until Thomas Dittrich starts his employment with S…

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Gold Drops 2.6% This Week, Lowest Since July

Gold prices dropped to their lowest in almost five months Friday, extending recent losses amid speculation the Federal Reserve will raise interest rates early in 2018.

A rate hike next week is practically a shoo-in, as the U.S. created 228,000 jobs i…

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London market bounces back on Brexit breakthrough

The FTSE 100 Index rallied back from falls in the previous session – surging 73.21 points to 7393.96 – as investors responded to the announcement that Britain will pay a “divorce bill” of up to £39 billion under the withdrawal package agreed with Brussels. The breakthrough was hailed by the Prime …

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London market bounces back on Brexit breakthrough

London’s top-flight index rebounded on Friday and sterling gave up its gains as Prime Minister Theresa May overcame a major barrier in the Brexit negotiations. The FTSE 100 Index rallied back from falls in the previous session – surging 73.21 points to 7393.96 – as investors responded to the …

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FTSE 100 up 1% as pound takes a kicking following Brexit breakthrough

The FTSE 100 closed exactly 1% higher on the day, but failed to maintain its position above 7,400. Just eight FTSE 100 constituents – including defensive favourites such as utilities Centrica PLC (LON:CNA) and SSE plc (LON:SSE) – failed to make progress, as the FTSE 100 rose 73 points to 7,394.

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Brexit breakthrough boosts European stock markets

London’s benchmark FTSE 100 index stormed 1.0 per cent higher, with stocks helped by the subsequent slide in the value of the pound, which helps many of the listed firms that generate most of their revenue outside Britain. In the eurozone, Frankfurt’s DAX 30 index climbed 0.8 per cent and the Paris …

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Is Oil’s Fall Impacting Wall Street’s Returns?

The FTSE 100 Index (EWU) and the CAC 40 Index (EWQ) had negative correlations with Brent crude oil February 2018 futures on November 30–December 7, 2017. Their correlations with Brent crude oil prices were -88.7% and -52.7%, respectively. Brent crude oil February futures fell 0.7% during this …

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EUROPE MARKETS: European Banks Rally, Leading Stocks To 1-month Closing High

The U.K.’s FTSE 100 ended up 1% at 7,393.96, propelled higher by a drop in the pound. The euro traded at $1.1765 at the time of the European close, down from $1.1774 late Thursday in New York. What’s moving markets: The president of the European Commission, Jean-Claude Juncker, said early …

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Stocks Remain Mostly Positive On Upbeat Jobs Data – US Commentary

Japan’s Nikkei 225 Index surged up by 1.4%, while Hong Kong’s Hang Seng Index jumped by 1.2%. The major European markets also moved to the upside on the day. While the French CAC 40 Index rose by 0.3%, the German DAX Index advanced by 0.8% and the UK’s FTSE 100 Index shot up by 1%.

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