Treasuries Give Back Ground But Close Well Off Worst Levels

Treasuries gave back ground during trading on Monday following the strong move to the upside that was seen last Friday.

Bond prices came under pressure early in the session but climbed well off their worst levels as the day progressed. Subsequently, …

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Crude Oil Rally Fizzles Post-OPEC

Crude oil futures fell Monday for the first time in three sessions, as a strong dollar dented commodity prices.

Jan. WTI oil was down 89 cents, or 1.5%, to settle at $57.47/bbl.

Prices jumped to a 2-year peak in November but have since leveled off d…

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Dollar Little Changed Despite Tax Reform Progress

The dollar is turning in a mixed performance against its major rivals Monday afternoon, but is little changed overall. Investors were focused on the approval of a bill to overhaul the U.S. tax system and reports of progress in the Brexit negotiations….

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Sterling slips on “no deal” today disappointment

European markets have bounced back strongly after finishing last week sharply lower, taking their lead from the rebound in US markets, and the passing of the Senate tax reform bill at the weekend. A weaker euro has also been a tailwind while the FTSE10…

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Sterling slips on “no deal” today disappointment

European markets have bounced back strongly after finishing last week sharply lower, taking their lead from the rebound in US markets, and the passing of the Senate tax reform bill at the weekend. A weaker euro has also been a tailwind while the FTSE10…

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DB X-Trackers Dbxt Ftse100 [Dir (XDUK.L): Technicals in Focus

Tracking shares of DB X-Trackers Dbxt Ftse100 [Dir (XDUK.L), we have noted that Span A is presently above Span B. Traders following this signal will be looking for signs of a bullish stock price shift. Active traders have a wide variety of technical in…

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Approval of US tax cuts ‘very positive’ for CRH

Britain’s blue-chip FTSE 100 lagged the rest of Europe after the UK government failed to deliver an anticipated deal that was meant to progress Brexit talks. Sky jumped 26p sterling to 956p amid reports that Disney has been eyeing a raft of 21st Century Fox assets, including its 39 per cent stake in Sky.

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Gold Slips On Stronger Dollar

Gold prices fell Monday as the dollar rallied upon the passage of signficant U.S. tax reform.

Over the weekend, the Senate voted 51 to 49 in favor of the bill known as the Tax Cuts and Jobs Act.

However, President Donald Trump now says he may prefer…

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Europe markets end higher as traders watch Brexit summit

A strong pound limited the gains to London’s FTSE 100 to 0.5%. The pound gained against the dollar for much of the day as British Prime Minister Theresa May appeared to be closing in on sealing a deal on divorce terms with EU chiefs and making progress towards resolving the thorny issue of the Irish …

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EUROPE MARKETS: DAX Ends Sharply Higher As US Tax Progress Revs Up European Stocks

… 5,389.29, while the U.K.’s FTSE 100 (http://www.marketwatch.com/story/ftse-100-leaps-propelled-by-progress-on-us-tax-cuts-2017-12-04) bulked up 0.5% to end at 7,338.97. The euro (http://www.marketwatch.com/story/dollar-pushes-higher-as-investors-focus-on-tax-plan-progress-2017-12-04) traded …

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Top companies face legal action over sexual harassment

FTSE 100 companies have been warned that Britain’s national equality commission will sue them if they fail to prevent or deal with sexual harassment. The Equality and Human Rights Commission, an independent public body, has written to the chairs of all FTSE 100 companies to promise legal action …

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FTSE lags European rally as Brexit talks fail

“The late afternoon news about no deal meant that sterling surrendered most of its gains, but there was little help for the FTSE 100,” said Chris Beauchamp, Chief market analyst at IG. British Prime Minister Theresa May failed to strike a Brexit divorce deal with EU negotiators in Brussels despite earlier …

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US tax bill powers European shares towards year’s end

Britain’s own blue-chip FTSE 100, however, lagged continental peers, rising 0.5 percent off a 10-week low as sterling slipped after a hoped-for Brexit divorce deal failed to materialise. Dialog Semiconductor tumbled 24 percent to a 17-month trough after the iPhone supplier said top customer Apple could …

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Brexit deal? What Brexit deal?

Heading into the close, the FTSE 100 is 40 points higher, as investors … surrender most of its gains, but there was little help for the FTSE 100, despite

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FTSE 100 companies improve tax strategy reporting

Deloitte’s annual review of FTSE 100 tax disclosures found that 59% of the 94 companies with a year-end of 31 December 2016 or later have disclosed some form of tax strategy statement. It also found that 35 companies made a stand-alone statement while 20 companies included the strategy in their …

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FTSE 100 movers: Ashtead gains on US tax reform bill; Fresnillo loses its shine

London’s FTSE 100 was up 0.4% to 7,325.86 in afternoon trade on Monday as investors grew hopeful of a Brexit breakthrough and cheered the passing of the US tax reform bill. Cruise operator Carnival, equipment rental firm Ashtead and building materials group CRH, which generate a large chunk of …

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