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Alstom seals €800mn train deal with Dutch rail

  AFP The Dutch national rail authority concluded an €800-million deal with French transport giant Alstom to buy 79 new high-speed trains, set to go into service by 2021. “Dutch Rail and Alstom have concluded a contract for delivery of 79 high speed Intercity trains capable of a speed of 200 km/h (120 miles per hour),” Dutch Rail (NS) said ...

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ECB backs German bonds after biggest selloff this year

  Bloomberg After inflicting the biggest weekly decline in German 10-year government securities this year, bond bears may have reason to pause when the ECB provides its first analysis of the economic outlook since the U.K.’s shock Brexit vote. Investors’ urge to extend a selloff that pushed benchmark 10-year bund yields to the highest since June 24 may be muted ...

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Pound shows signs of calm as post-Brexit volatility fades

  Bloomberg A semblance of calm is returning to the pound. Sterling’s implied one-month volatility versus the dollar declined this week to the lowest since June 24, the day the results of Britain’s vote to leave the EU was announced. The difference with an equivalent gauge for three months was at one percentage point on Friday, having surged in June ...

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