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Thursday preview: UK PMIs, Homeserve in the spotlight
The focus on Thursday will remain firmly on the UK where two closely-followed surveys are expected to show a substantial slowdown in the pace of economic contraction, although both should remain well in recession territory.
Europe close: Stocks shake off doubts around Covid-19 vaccine
Stocks across Europe recovered on Wednesday as optimism over the gradual easing of lockdowns across many countries helped to offset doubts raised during the previous session around one of the most promising vaccine candidates against Covid-19.
London close: Stocks gain as lockdowns are eased globally
London stocks finished on Wednesday, with optimism regarding the lifting of lockdowns on many overseas economies helping to offset a dip in optimism over potential coronavirus vaccines.
JP Morgan stays at 'underweight' on Compass due to changing industry landscape
Analysts at JP Morgan reiterated their 'underweight' recommendation for shares of Compass Group and slashed their target price, citing the speed and magnitude of the changes expected in the sector.
Europe midday: Stocks mixed as investors eye Covid news, progress on US stimulus
Markets across Europe were trading in mixed fashion come midday on Wednesday despite the previous day's selling on Wall Street triggered by researchers from two prominent US universities who criticised the limited amount of data published on a trial of one of the most promising vaccine candidates against Covid-19.