Sterling holds above 1-1/2 year low as Brexit nerves rise (news: 06/12/18)

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Today’s press

Sterling holds above 1-1/2 year low as Brexit nerves rise

LONDON (Reuters) – Sterling held above a 1-1/2 year low on Thursday as concerns on how a British Parliament vote on Prime Minister Theresa May’s Brexit deal next week would unfold prompted investors to remain on the sidelines.

U.S. Adds 179,000 Private Sector Jobs in November: ADP

Investing.com – U.S. private employers added 179,000 jobs in November, below economists’ expectations, a report by a payrolls processor ADP showed on Thursday.

European Stocks Hit Two-Year Low on Worst Day Since February

The optimism over the U.S.-China trade talks is gone and all European sectors are in the red as plunging U.S. futures fuel investors’ exodus. The Stoxx Europe 600 Index is having its worst day since February, trading at the lowest level since December 2016.

Bitcoin Still on Defensive But Price Rally Possible Over $3.9K

Bitcoin (BTC) remains on the defensive despite a 4-percent recovery from nine-day lows today, but bearish pressure may weaken if prices rise above key resistance near $3,900.

Next trading day’s important events

13:00 (GMT+3)  EMU – Gross Domestic Product s.a. (YoY) (Q3)

16:30 (GMT+3)  US – Nonfarm Payrolls (Nov)

16:30 (GMT+3)  CA – Unemployment Rate (Nov)

Forex quotes:

USDJPY: 112.33

EURUSD: 1.1393

Indices:

S&P 500: 2647.44

NASDAQ: 7023.04

 

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