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UK 100 called to open +35 points this morning at 6530. Headlines this morning are centred on the much anticipated Brexit deal that had markets turn bullish yesterday as an EU Minister said a deal was imminent. Asian shares and sterling rose last night as investors placed bets on a global economic recovery. News of a deal would help avoid an economic rupture in the New Year. Across the pond, Donald Trump's delay of a Covid bill, could put millions of Americans in limbo and risk of a government shut down, as the president wanted more cash going to citizens ($2000 per person instead of $600) along with the bill being stripped of foreign aid. Oil climbed as a draw down in US stockpiles raised demand hopes. Brent crude futures rose 38 cents to $51.58 a barrel, while U.S. West Texas Intermediate crude increased 31 cents to $48.43.
BHP Group - Samarco hast met licensing requirements to restart operations in Brazil and had commenced iron ore pellet production. It had been suspended following the failure of the Fundao Dam in November. BHP own 50% of Samarco with Vale owning the other half.
None
None
US Durable Goods Orders
US NonDefence Capital Goods Orders
UK 100:
Halma
UK 250:
Grainger
JPMorgan Japanese Investment Trust
Schroder AsiaPacific Fund
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