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Prospects of a No-Deal Brexit Weigh on Sterling
Unrest in Hong Kong and disappointing earnings reports from South Korea weighed on local equity markets, and the MSCI Asia Pacific Index fell for the third consecutive session. European equities are edging higher in tentative trading. The Dow Jones Stoxx 600 is firmer for the sixth session of the past seven. US shares are little changed after record-high closes before the weekend. Benchmark 10-year bond yields are mostly one or two basis points lower. Sterling's continued weakness in the face of perceptions that the risks of a no-deal Brexit are increasing is the main standout in the quiet start to the week in the ... (full story)
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