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FX round-up: Economists divided on August MPC hike, political uncertainty in focus
Sterling edged higher on Tuesday, even after the European Union's chief negotiator, Michel Barnier, said Brussels would continue to insist that the single market for goods was inseparable from that for services.
Commodities: Copper extends losses after Chinese investor cuts long position
Industrial metals sagged on Tuesday, helping to drag the entire complex lower, with some traders attributing the decline to the liquidation of a $1bn position in the red metal by a Chinese investor, as reported by the Financial Times.
Results round-up
Recruiter Robert Walters posted a 16% rise in second-quarter gross profit on Tuesday amid growth across its regions and business lines.
Europe close: Stocks gain as oil prices grind higher, Blackrock downgrades Europe
Higher oil prices helped prop-up stocks on the Continent, despite a raft of negative headlines on the economic front, with a widely-followed German survey of analysts revealing clear concern about the storm clouds that were gathering over global trade.
Wednesday preview: US inflation, BoE's Carney, Burberry
Barring surprises, the focus of Wednesday's session is unlikely to be on economic releases.
NIESR forecasts further small acceleration in third quarter GDP
Britain's economy is set to continue recovering after the unexpected slowdown seen at the start of the year, according to one of the country's leading think-thanks.
UK GDP growth picks-up to 0.3% in May, backing case for August rate hike
Britain's economy accelerated in May, driven by a surge in construction output, after flat-lining in April, leaving the MPC on track to hike Bank Rate come August, according to some economists.
Chinese inflation edges higher in June, but only temporarily
Price pressures in Asia's largest economy picked-up last month, but that was unlikely to last, analysts said.
Europe midday: Stocks climb on higher oil prices, dip in euro
Higher oil prices and a weaker euro are buoying stocks on the Continent, despite a raft of negative headlines on the economic front, with a widely-followed German survey of analysts revealing clear concern about the storm clouds that were gathering over global trade.
Europe open: Stocks hold onto early gains, but sentiment grim
Stocks are holding higher in early trading, despite a raft of negative headlines out of Europe on the economic front, with a widely-followed German survey of analysts showing clear concern about the storm clouds gathering over global trade.