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Market Report
15 Oct
sundays
Sunday newspaper round-up: Saudi Aramco, IMF, new pound coins, Bank of England, EDF

Britain’s largest investors have turned up the heat on the City watchdog over its controversial plan to allow Saudi Arabia’s state-owned oil giant to float in London. The Financial Conduct Authority (FCA) has proposed bending stock market rules to accommodate Saudi Aramco, which is aiming to go public next year in a mooted $2 trillion deal. However, the Investment Association, the lobby group for fund managers, has warned the FCA that any changes could damage London’s status as a global financial centre.

15 Oct
evans charles
US close: Stocks end higher despite another CPI miss

Stocks ended slightly higher going into the weekend despite inflation data for September that came in shy of market estimates for a sixth month out of seven.