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Citi sees no further upside for world stocks in 2021 By Reuters

LONDON (Reuters) - Citi expects world stocks to hover around current levels in 2021 and cuts U.S. equities to "neutral" as lockdowns induced by fresh waves of COVID infections roil global economies. The bank upgraded emerging market and UK equities to "overweight" in a note published on Thursday, citing their reasonable valuation and robust earnings momentum. It also expects weakening U.S. dollar...

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UK interior minister says Trump’s comments led to violence at U.S. Capitol By Reuters

LONDON (Reuters) - Donald Trump's rhetoric in disputing his loss of the U.S. Presidential election led directly to violence at the U.S. Capitol in Washington, British interior minister Priti Patel said on Thursday. "His comments directly led to the violence, and so far, he has failed to condemn that violence and that is completely wrong," Patel, who is in charge of security...

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Inter-dealer broker TP ICAP sees 1% drop in annual revenue By Reuters

(Reuters) - TP ICAP (LON:NXGN), the world's biggest inter-dealer broker, on Thursday forecast a 1% drop in full-year revenue and offered more details on a share issue to fund its previously announced acquisition of electronic trading network Liquidnet. The company said trading volumes remained subdued during much of the fourth quarter. TP ICAP said it expects the 2:5 fully underwritten rights issue...

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World food price index rises for seventh month running in Dec – FAO By Reuters

ROME (Reuters) - World food prices rose for a seventh consecutive month in December, with all the major categories, barring sugar, posting gains last month, the United Nations food agency said on Thursday. The Food and Agriculture Organization's food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 107.5 points last month...

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European Stocks Edge Largely Higher; Additional Stimulus Hopes Rise By Investing.com

By Peter Nurse  Investing.com - European stock markets edged largely higher Thursday, with a strikingly broad range of stocks hitting all-time highs as investors looking for additional fiscal spending following a projected win for Democrats in the U.S. Senate. At 4:15 AM ET (0915 GMT), the DAX in Germany traded 0.5% higher and the CAC 40 in France rose 0.4%, while the U.K.'s...

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Daily Briefing: Keep calm and trade on reflation By Reuters

By Julien Ponthus LONDON (Reuters) - Rioters storming the U.S. Capitol haven't distracted traders from focusing on the implications of the Democrats gaining control of the Senate -- in a nutshell, a clear-cut reflation trade. "Anything that benefits from rising prices is going to do well", was how Mathan Somasundaram, head of Sydney-based research firm Deep Data Analytics, summed up the impact...

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UK minister says Trump comments led to “terrible” violence at U.S. Capitol By Reuters

LONDON (Reuters) - Donald Trump's rhetoric in disputing his loss of the U.S. presidential election led directly to "terrible" violence at the U.S. Capitol and he should condemn the scenes in Washington, British interior minister Priti Patel said on Thursday. Hundreds of Trump's supporters stormed the U.S. Capitol on Wednesday in a stunning...

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