Bloomberg UK Prime Minister Theresa May is preparing to ask the cabinet to approve a draft Brexit deal potentially within days, if she can overcome new resistance to her strategy from euroskeptic Tories in her team. During a cabinet meeting in London, ministers including the pro-Brexit campaigner Michael Gove demanded to see the full government legal advice underpinning a plan ...

Bloomberg US equity futures jumped, the dollar dropped and Treasuries climbed as investors seemed to cheer on an outlook for political gridlock in the wake of the American midterm elections. Risky assets were in favour after results showed Democrats winning control of the House of Representatives and Republicans holding on to the Senate. The outcome dims chances for any more ...

Bloomberg The crowd has yet to disperse. At the end of the worst month in seven years, hedge funds showed few signs they’ve soured on the technology and consumer stocks at the heart of the sell-off. The opposite, in fact: Goldman Sachs data show those groups were the most heavily bought in the last five days of October. Client notes ...