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London pre-open: Stocks seen weaker as investors eye ECB, Sino-US relations
London stocks were set for losses at the open on Thursday, taking their cue from a downbeat session in the US as investors eyed the latest policy announcement from the European Central Bank and any developments in Sino-US trade relations.
Thursday newspaper round-up: Brexit, internet levy, tax avoiders, Facebook
Theresa May’s Cabinet is resigned to her Brexit deal being defeated by up to 100 votes next week after talks in Brussels collapsed without progress on Wednesday. Downing Street is already making plans for a third “meaningful vote” on the deal on the assumption that Tuesday’s vote is lost, and Mrs May is considering making a major speech on Friday to plead for support from MPs. - Telegraph.
US close: Markets end lower as US and China edge towards agreement
Wall Street stocks finished as they started on Wednesday - in the red - as investors continued to keep an eye on any trade developments between the US and China.