US stimulus and Brexit remain focus for markets

US stimulus and Brexit remain focus for markets

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In the Brexit talks, the UK claimed on Thursday that the EU had introduced new demands and had set the talks back. EU officials denied this.

There seemed to be some progress in US stimulus negotiations with a new proposal seemingly attracting support from both sides of the table.

The Composite Purchasing Managers Index (PMI) for the UK was revised higher in November. Even so, it still indicates the sharpest downturn since June. US Composite PMI for November was revised higher indicating the largest expansion since March 2015.

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