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Stocks decline as investors weigh prospects of trade

Bloomberg US equity futures dropped alongside stocks in Europe after China appeared to pour cold water on a partial trade deal touted by Donald Trump, saying it wanted to iron out details before signing it. European bonds gained. Contracts on the three main equity indexes signalled US stocks may run out of steam after the S&P 500 rose to within ...

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Pound drops from 3-month high on Brexit reality check

Bloomberg The pound pulled back from a three-month high and UK government bonds rallied as traders reassessed the prospect of the UK securing a Brexit deal this week. Sterling dropped as much as 0.9% against the dollar after surging 3.8% during the previous two days amid optimism the two sides would reach an agreement to avoid a no-deal. The European ...

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Singapore central bank hints more easing amid growth risks

Bloomberg Singapore’s central bank signaled it’s ready to adjust monetary policy further after easing on Monday for the first time since 2016 as risks to the economic growth outlook persist. The Monetary Authority of Singapore (MAS), which uses the exchange rate as its main policy tool, reduced “slightly the rate of appreciation” of the currency band and said it’s prepared ...

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