Bloomberg Indian stocks slipped from a record on political uncertainty for prime minister Modi’s Bharatiya Janata Party (BJP) and the completion of a re-balancing of the MSCI ACWI index. The S&P BSE Sensex slipped 0.2% to 40,821.30 at the close in Mumbai and the NSE Nifty 50 Index fell 0.3%. Shares fell after a coalition government led by the BJP …

Bloomberg The pound slipped as polls showed the ruling Conservative party’s lead narrowing into a December election, with tightening race raising investor fears about an inconclusive result. The UK currency weakened versus all of its Group-of-10 peers as the latest surveys of voting intention showed the opposition Labour party making up some ground following the release of its manifesto. The …

Bloomberg Federal Reserve chairman Jerome Powell struck an upbeat tone in gauging the ability of policy makers to extend the record US economic expansion, while signalling interest rates would probably remain on hold. “At this point in the long expansion, I see the glass as much more than half full,” Powell said in Providence, Rhode Island. “With the right policies, …