Investors expect the Bank of Canada to leave its benchmark interest Senate Republicans lock up votes to pass tax bill. Growing optimism that U. Senate Republicans would be able to pass a tax overhaul bill had sent the index as high as Tax cuts duke it out with Trump's legal problems for control over the stock market's momentum. LONDON, Dec 1- Sterling slipped from a two-month high against the dollar on Friday, with some investors concerned that optimism around Britain getting a deal with the EU- which this week lifted the pound to six-month highs- might have gone a little too far.
The pound had jumped on Thursday on reports that Britain and the European Union had reached agreement on a Senate Republicans would be able to round up enough votes to pass a tax overhaul bill. Poland reported a surprise jump in annual inflation to a 5- year-high of 2. Robust activity was underpinned by November Purchasing Managers' Index figures from Investors expect the Bank of Canada to leave its benchmark LONDON, Dec 1- The euro edged higher for a third consecutive day on Friday as investment flows propped up the single currency, although some weakness in stock markets prompted investors to take profits at higher levels.
The euro zone's brightening growth prospects also attracted investors despite falling bond yields. Poland surprised on Thursday reporting a jump in annual inflation to a 5- year-high of 2. Robust activity was underpinned by November Purchasing Managers' Index LONDON, Dec 1- The euro climbed for a third consecutive day on Friday as investment flows propped up the single currency and the region's brightening growth prospects attracted investors despite falling bond yields.
The dollar index is expected to slide lower in as the outlook for inflation and treasury yields in the U. The greenback stretched overnight gains and initially climbed to But the dollar was last at Senator John McCain had endorsed the Senate tax bill, potentially easing challenges to its congressional passage.
Senate tax drama enters complicated endgame. Six high-priced stocks accounted for more than points of the Dow's 1,point gain. Concerns about the progress of U. Markets grapple with tug-of-war between tax cuts and Trump's legal woes. Dollar index hit session lows, erases gains after Flynn report. US dollar is likely to slide in , National Australia Bank says.
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