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Tuesday preview: Davos and SSP Group in the spotlight
The focus on Tuesday will be on Davos as world leaders and top global officials gather at the Swiss ski resort to discuss and debate the most pressing global issues.
Europe close: Stocks dip as IMF trims GDP forecasts for Germany and Spain
Stocks on the Continent were mostly lower at the start of the week, as the International Monetary Fund trimmed its forecasts for global and euro area growth over the next two years.
London close: Stocks dip as IMF trims growth forecasts
London stocks edged lower on Monday as investors geared up for the start of the World Economic Forum in Davos, Swizterland, and digested downwardly revised growth forecasts from the International Monetary Fund.
Europe midday: Stocks edge lower after IMF trims growth forecasts
Stocks on the Continent were drifting slightly lower at the start of the week, as the International Monetary Fund trimmed its forecasts for global growth over the next two year.
IMF sees tentative signs of a bottom in global manufacturing and trade
The world's economic watchdog offered a less glum view of economic prospects, but said that many risks remained and that were still few signs of a turning point in the data.
Credit Suisses start Gazprom at 'neutral', says new payout policy priced-in
Analysts at Credit Suisse started coverage of London-listed Russian natural gas giant Gazprom a 'neutral' with a $9. 0 target price on its American Depositary Receipts, forecasting that the group's payout policy would rise to 5. 0% of profits by 2021, versus 30. 0% in 2019.
Europe open: Stocks drift lower amid China flu outbreak, Libya tensions
Stocks on the Continent were drifting slightly lower at the start of the week, amid lacklustre trading given the Martin Luther King holiday in the States.