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Coal’s $100 heyday fades in Europe as curbs tighten

Bloomberg Coal’s three-year run of blistering gains in Europe is set to end, clobbered by a combination of weakening demand and energy polices aimed at phasing out the dirtiest fossil fuel. After prices more than doubled since 2016 as Asian importers drove demand, coal is expected to fall more than 10 percent to $76.50 a tonne this year in Europe, ...

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UK manufacturing sector grows to six-month high

Bloomberg UK manufacturing growth unexpectedly improved to a six-month high in December 2018, as companies built up inventories and boosted new orders in preparation for a potentially disruptive Brexit. IHS Markit’s Purchasing Managers Index for the industry rose to 54.2, more than the 52.5 expected by economists. Still, the average reading for the final three months of 2018 was the ...

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Canadian consumer confidence dips heading into election year

Bloomberg Canadians enter 2019 far less optimistic about the economy than a year earlier. The Bloomberg Nanos Canadian Confidence Index, based on weekly telephone polling, ended 2018 at 55.1, down from 62.2 at the close of 2017. The change was driven more by Canadians’ views of the overall outlook than of their own finances — 39.6 percent expect the domestic ...

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