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The focus on Tuesday will be on the UK Supreme Court's ruling on the Prime Minister's decision to prorogue Parliament for five weeks and allegations that he misled the Queen by asking her for permission to suspend the Chamber without explaining that his intent was to impede further debate on Brexit.
Stocks finished moderately lower at the start of the week as investors tried to assess the scope for further mischief in the Middle East following drone or cruise missile attacks at the weekend that more than halved oil output from Saudi Arabia, one of the world's largest producers.
Stocks are holding modestly lower as investors try and assess the scope for further mischief in the Middle East following drone attacks at the weekend that more than halved oil output from Saudi Arabia, one of the world's largest producers and exporters.
London stocks finished lower on Monday following an attack on key Saudi Arabian oil installations at the weekend that cut the Kingdom's crude oil output by half, dealing a blow to the previous week's incipient recovery in risk appetite in financial markets on the back of an apparent easing in US-China trade tensions.
The spokesman of the Saudi-led coalition in Yemen, Turki Al-Maliki, said Iranian weapons were used in the strikes against the Kingdom's oil infrastructure at the weekend.
Factory sector activity in the jurisdiction of the Federal Reserve bank of New York was little changed in September.
Analysts at Jefferies sounded a skeptical note on Yemeni Houthi Rebels' claim of responsibility for the drone attack at the weekend against key Saudi oil installations.
Equity strategists at Jefferies upgraded their recommendation for Energy stocks to 'bullish' on the back of the shift higher in the US Treasury yield curve over the preceding week.