European Markets Are Stable Early on November 27

The United Kingdom’s FTSE 100 Index broke the two-week falling streak last week and regained strength. The FTSE 100 Index started the day lower on Monday but regained strength in the early hours. In the morning session, the FTSE 100 Index is trading with strength above the opening prices.

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Gold On Verge Of $1300

Gold prices rose Monday morning, approaching the crucial $1300/oz mark am?id signs that U.S. stocks may pull back before year’s end.

Investors are in a skittish mood due to concerns abot corporate earnings and the likely interest rate hike in Decembe…

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Crude Oil Eases From 2-Year Peak

Crude oil prices were slightly lower Monday moning as OPEC prepared to meet November 30 to decide on whether to extend their supply quota deal with Russia.

All indications are that major players Saudi Arabia, Iran and Russia are on board.

The cartel…

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Which companies are set for relegation from the FTSE 100?

Miah added that Babcock International is also in a prime position to be relegated from the FTSE 100. He said the performance of the group over the last year has been “disappointing on the back of concerns for support service providers, which was notably highlighted by the problems at Carillion”.

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LONDON MARKET MIDDAY: Glaxo Upgrade And Airlines Help FTSE 100 Higher

LONDON (Alliance News) – Stocks in London managed by midday Monday to reverse earlier losses to trade mostly in the green, with the FTSE 100 index supported by airline stocks and a broker upgrade for pharmaceutical giant GlaxoSmithKline. “European markets are starting off the week in positive …

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FTSE 100 closes in red as sterling nudges higher; Glaxo top riser

FTSE 100 finished Cyber Monday almost 26 points lower as sterling firmed a tad and drugs titan GlaxoSmithKline plc (LON:GSK) was the biggest gainer. It added 1.77% to close at 1,320.5p as Swiss broker and bank UBS upgraded the shares to ‘buy’ claiming that concerns over earnings declines and …

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Pound Advances Amid Risk Appetite

The pound climbed against its major opponents in early European deals on Monday, as European shares rose on easing fears over political instability in Germany and investors looked ahead to a heavy run of data due this week and a possible U.S. Senate v…

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Bitcoin closes in on $10000

Bitcoin has exploded higher in recent sessions with the market gaining in excess of $1500 since Friday and moving within striking distance of the big $10,000 level. Elsewhere, it’s been a bright start to the week for UK assets with both the FTSE 100 and pound moving higher, with the former adding just …

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Just Eat enters the big leagues — will Deliveroo follow suit?

When Just Eat — an online takeaway platform that owns no restaurants or stores — enters the FTSE 100 next month it will rank higher than Marks and Spencer and Sainsbury’s. Is this the start of a new world order and will upstart Deliveroo be hot on its heels? Just Eat’s shares have soared 43 percent …

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FTSE 100: Rise To 7440 And 7460

The FTSE failed to match the bullish exuberance of the Dax and S&P on Friday, rising from a low of 7390 to hit a high during the session of 7420 in …

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SACEMS vs. Luck [PREMIUM]

How lucky would a asset class picker with no skill have to be to match the performance of the Simple Asset Class Momentum Strategy (SACEMS), which each month picks winners from the following set of exchange-traded funds (ETF) based on total returns ove…

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Brazil Construction Cost Index Rises Less Than Forecast

Brazil’s construction cost index increased at a slower-than-expected rate in November, survey figures from the Getulio Vargas Foundation, FGV showed Monday.

The National Construction Cost Index climbed 0.28 percent month-over-month in November, faste…

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Pearson sells English teaching business for £225m in bid to cut debt

The FTSE 100 firm’s shares have slumped by half since reaching a high of £15.08 in March 2015 after a string of bad results as it struggled to transition from print to digital. Pearson reported its biggest ever loss of £2.5bn in February, following a writedown of its struggling US higher education business.

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Aviva leads FTSE higher on £1bn buyback report

Easyjet (EZJ) was meanwhile the FTSE 100’s biggest riser, up 2.1% at £13.94 after an upgrade from analysts at Exane BNP Paribas, to ‘neutral’, from ‘underperform’. Micro Focus (MCRO) fell to the bottom of the index, down 2.9% at £25.78, after Deutsche Bank analyst Steve Goulden downgraded the …

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POUND LIVE: May’s industrial strategy boosts sterling

In markets the UK’s FTSE 100 index was trading up 0.3 per cent to 7,431.25 driven by a surge in Easyjet shares as the aviator continues to benefit from bad news elsewhere in the sector. The low cost airline was up 2.8 per cent to 1404p in mid morning trading, driving three month gains up to 15.4 per …

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Just Eat on track for promotion to FTSE 100

(Press Association) Just Eat is set to munch its way into the FTSE 100 Index as Merlin Entertainments bows out when the latest market reshuffle is …

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FTSE 100 Rises Ahead Of Data-heavy Week

(RTTNews) – U.K. shares rose on Monday even as underlying sentiment remained cautious ahead of a heavy run of data due this week and a possible …

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