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  • LONDON/ TOKYO, April 28- Japanese investors, traditionally among France's most loyal lenders, are not yet convinced that French political risks have faded and are staying away from the country's bonds. Some even exploited a rally in French government bonds this week to sell down their positions further, one London- based trader said. There will be some twists and...

  • *MSCI AC World set for longest streak of monthly gains in decade. LONDON, April 28- Concern about global trade and U.S. In an interview with Reuters, Trump called the U.S. trade pact with South Korea "unacceptable" and said it would be targeted for renegotiation after his administration completed a revamp of the North American Free Trade Agreement with Canada and...

  • LONDON, April 28- Strong inflation numbers drove the euro close to 5-1/ 2 month highs on Friday, turning markets back towards the prospect of a tightening of European Central Bank policy a day after it warned of substantial barriers to sustained higher price growth. According to standard EU measures, in Italy it was 2 percent. That, allied with another batch of solid...

  • *Globe's top wealth manager has 5,000 staff in London. ZURICH, April 28- The head of UBS, one of Europe's leading financial groups, has criticised the British government for failing to encourage banks to stay in London after Brexit, predicting that many would soon trigger plans to shift operations elsewhere. "The UK is not really helping this process by trying to...

  • *Spanish economy beats forecasts, Austria, France also grow. European Central Bank chief Mario Draghi struck a cautious note on Thursday, sending yields lower, but numbers out on Friday strengthened the belief that the current ultra-loose policy stance can't last. "The ECB has been looking through fluctuations in the headline inflation rate and looking at core...

  • OSLO, April 28- The fatal crash of an Airbus helicopter in Norway last year was the result of metal fatigue in the aircraft's gearbox, the country's Accident Investigation Board said in a report on Friday, confirming its initial findings. The flight was operated by Canada- based CHC Helicopter, owned by U.S. private equity firm First Reserve. The AIBN said it would...

  • LONDON, April 28- Global investors raised equity holdings to a 15- month high in April but trimmed U.S. stocks on growing scepticism over what President Donald Trump can deliver, opting instead to boost exposure to attractively valued emerging markets. A Reuters monthly asset allocation poll of 47 fund managers and chief investment officers in Europe, the...

  • April 28- Supply and demand in the oil market could fall into balance by the end of this year if OPEC and its partners extend their deal to reduce crude output, a Reuters survey forecast on Friday. "Growing oil production in the U.S. will remain a deterrent to further extensions to the output cap by OPEC and non- OPEC countries... once again reinvigorate debate on...

  • In its annual report released on Friday, the company said the maximum Sorrell would receive this year would be well below the 48 million pounds he received in 2016 and the 70 million pounds in 2015- one of the biggest ever payouts in Britain. One of the best known businessmen in Britain, Sorrell built the advertising group WPP from a two-man operation in a London...

  • *Profit rise driven by credit cards, UK bank. *To create 1,000 new jobs in UK in operations and technology. The British bank is seeking to press ahead with restructuring plans which have seen it shift towards a transatlantic U.S.- UK focus and an emphasis on investment banking under its American Chief Executive Jes Staley.

  • *Spanish economy beats forecasts, Austria, France also grow. LONDON, April 28- Euro zone bond yields rose across the board and the euro strengthened on Friday as economic output data from several countries reaffirmed economic strength in the bloc and furthered the case for tighter monetary policy. European Central Bank chief Mario Draghi struck a cautious note...

  • *Profit rise driven by credit cards, investment banking, UK bank. *To create 1,000 new jobs in UK in operations and technology. The British bank is seeking to press ahead with restructuring plans which have seen it shift towards a transatlantic U.S.- UK focus and an emphasis on investment banking under Chief Executive Jes Staley.

  • *Profit rise driven by credit cards, investment banking, UK bank. *To create 1,000 new jobs in UK in operations and technology. LONDON, April 28- Barclays reported its first quarter profit more than doubled on Friday, but its investment bank missed out on a bond trading boom that saw earnings surge at its Wall Street rivals.

  • The European Central Bank said it will host a meeting of banks on May 4 at its offices in Frankfurt. It will spell out in detail what those moving some of their operations out of London must do to apply successfully for a licence. Ireland's central bank will hold a similar gathering next month to advise groups considering a move to Dublin, which along with Frankfurt,...

  • SYDNEY, April 28- Copper tracked modestly higher on Friday with traders saying some investors were active buying on price dips, but warning at the same time that broader industry sentiment pointed to a weaker outlook. *SHANGHAI: The most-traded copper contract on the Shanghai Futures Exchange was up 0.2 percent to 46,330 yuan a tonne. *SILVER: London's silver...

  • *Spot gold was steady at $1,263.81 per ounce, as of 0100 GMT. close a strong week on a positive note, while the euro slipped after the European Central Bank showed no signs of paring its stimulus programme. *The European Central Bank stuck to its ultra-easy policy stance on Thursday as inflation continues to undershoot its target but explicitly acknowledged the...

  • WASHINGTON- Philadelphia Federal Reserve Bank President Patrick Harker will speak in Washington D.C- 1830 GMT. BERN- Swiss National Bank general meeting of shareholders. Speakers: Swiss National Bank President Jean-Paul Studer, Governing Board Chairman Thomas Jordan and head of the SNB General Assembly Jean-Michel Leuwe- 0800 GMT.

  • WASHINGTON- Philadelphia Federal Reserve Bank President Patrick Harker will speak in Washington D.C- 1830 GMT. BERN- Swiss National Bank general meeting of shareholders. Speakers: Swiss National Bank President Jean-Paul Studer, Governing Board Chairman Thomas Jordan and head of the SNB General Assembly Jean-Michel Leuwe- 0800 GMT.

  • *Technical support at $1,225- $1,257 an ounce. NEW YORK/ LONDON, April 27- Gold resumed its downward slide from a five-month high in mid-April, giving up gains that came after U.S. President Donald Trump announced unfunded tax cuts, while comments from European Central Bank President Mario Draghi weakened the euro.

  • NEW YORK, April 27- The euro dipped against the U.S. dollar on Thursday after European Central Bank chief Mario Draghi said policymakers did not discuss removing the bank's easing bias on monetary policy, while the dollar jumped against the Swedish crown after the Riksbank extended its bond-buying. "Draghi wasnt as hawkish as people had hoped," said Greg Anderson,...