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Europe close: Stocks jump on positive news from the States
Stocks recouped their losses from the previous day on the back of positive newsflow around the White House's tax reform efforts, alongside a dip in the single currency's value as investors bide their time ahead of the start of the US central bank's annual Jackson Hole symposium on Thursday.
London close: Stocks jump on US optimism, weaker pound
Shares finished the session higher, after a report stoked optimism that the White House might be making headway in its tax reform efforts and helped along by well-received results from the likes of Persimmon and BHP Billiton, although subprime lender Provident Financial nosedived after another profit warning.
US open: Stocks snap higher on tax reform optimism
Wall Street was bouncing back in early trading, goaded by reports of progress on tax reform on Capitol Hill.
Indonesian central bank springs surprise, cuts rates
Indonesia's central bankers surprised financial markets by lowering interest rates in South-East Asia's largest economy on Tuesday with some economists anticipating further cuts.
Europe midday: Stocks retrace losses, hedge fund managers skittish
Stocks are retracing their losses from the previous day with the aid of a dip in the single currency's value as investors bide their time ahead of the start of the US central bank's annual Jackson Hole symposium on Thursday.
Weaker exports, auto scandal weigh on German economic confidence, ZEW says
Experts' outlook for the German economy soured in August amid a weaker than-expected export performance by the country and a widening scandal in the automobile sector.
Europe open: Stocks retrace previous day's losses
Stocks are retracing their losses from the previous day as investors bide their time ahead of the start of the US central bank's annual Jackson Hole symposium on Thursday.
BHP Billiton puts US shale assets on the block
BHP Billiton gave into pressure from shareholders, putting its US onshore oil assets on the block and deferring plans to move forward in potash.