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US close: Wall Street breaks new records amid tax reform hunger
Wall Street's main market gauges pushed further into record territory on Monday investors grew increasingly hopeful that the US tax reform bill will be passed this week.
Bonds: Portuguese debt rallies as Fitch raises to investment grade
These were the movements in some of the most widely-followed 10-year sovereign bond yields: US: 2. 39% (+4bp)UK: 1. 15% (-0bp)Germany: 0. 31% (+1bp)France: 0. 63% (-1bp)Spain: 1. 44% (-2bp)Italy: 1. 80% (-1bp)Portugal: 1. 78% (-6bp)Greece: 3. 96% (-1bp)Japan: 0. 04% (-0bp) .
Sector movers: Chinese data, US tax cut plans trigger buying in miners
Cyclicals were in the ascendant at the start of the week, buoyed by a mix of strong Chinese house price data and progress at the weekend on Capitol Hill to gain approval of Republicans' tax cut plans.
Commodities: Chinese house price data stokes gains in metals amid US dollar weakness
One of the most closely-followed gauges of commodity prices extended a bounce from roughly three-month lows, amid supportive data out of China and a weaker US dollar.
Europe close: Stocks end at session-highs, US tax cuts in focus
Stocks in the single currency bloc finished the session sharply higher even as traders began heading off on their holidays with investors digesting a weekend full of political news, amid a heavy mergers and acquisitions-related news-flow.
ECB warns London-based banks against empty shell offices in the EU after Brexit
The European Central Bank will be paying special attention to London-based banks’ relocation plans, issuing a warning at the start of the week against any temptation to set-up empty shell offices in the EU after Brexit.
US open: Dow Industrials set for 70th record close of 2017
Wall Street's main market gauges are pushing further into record territory as investors grew increasingly hopeful that the US tax reform bill will be passed this week.
London close: US tax cut hopes kick-off 'Santa rally' in stocks
London stocks jumped on Monday amid expectations the US tax reform bill will be passed soon and on the back of thinner trading volumes as traders headed off on their holidays.
Tuesday preview: Votes for LSE chairman and Trump tax plans
Votes over the fate over the London Stock Exchange Group's chairman and President Donald Trump's tax plans are two expected events to be followed on Tuesday, with a UK Cabinet meeting perhaps throwing some news into the mixer.
Commission opens investigation into Ikea's tax arrangements in the Netherlands
Brussels has launched an investigation this Monday into Ikea’s Dutch tax deals as part of its ongoing crackdown on corporate tax evasion.
FTSE 250 movers: Hunting gushes higher but IG slumps
London's FTSE 250 was up 1% to 20,250. 80 in afternoon trade on Monday.
Deutsche Bank upgrades Mondi to 'buy', valuation "way below" DS Smith
Analysts at Deutsche Bank upgraded their recommendation for shares of packaging specialist Mondi, referencing prospects for increased payouts, "strong" industry dynamics and valuation.
Audioboom upbeat after 'transformational' year
Podcast-based audio-on-demand platform Audioboom updated the market on its key performance indicators and trading for the year to 30 November on Monday, describing the 12 month period as “transformational” as it moved from a free-to-use product to a subscription and advertising-supported platform.
Trump to drop climate change from US National Security Strategy
US president Donald Trump will give a speech on Monday where he will outline the country's new approach towards national security, including the omission of climate change and its effects as a key threat.
Director dealings: Safestyle chief executive disposes of 1.4m shares
Stephen Birmingham, chief executive of retailer Safestyle UK, sold 1. 4m ordinary shares in the firm on Monday for 160. 00p each.
Europe midday: Stocks jump on US tax news, German push for euro reforms
Stocks in the single currency bloc are sharply higher even as traders begin heading off on their holidays and investors digest a weekend full of political news, amid heavy mergers and acquisitions-related news.
Totally installs Andy Gregory as Vocare managing director
Out-of-hospital healthcare services provider Totally announced on Monday that Andy Gregory has been appointed to the position of managing director at its wholly-owned urgent care subsidiary Vocare, effective immediately, in a non-board capacity.
FTSE 100 movers: Old Mutual marches higher but EasyJet flies lower
London's FTSE 100 index was up 0. 5% to 7,528. 91 in afternoon trade on Monday amid hopes that the US tax reform bill will be passed this week.
US housebuilder sentiment hits 18-year high in December
Sentiment among US housebuilders improved more than expected in December, hitting an 18-year high, according to data released on Monday.