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FTSE set for biggest weekly rise in two years

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LONDON - The FTSE 100 headed to its biggest weekly gain in two years on Friday, led by recent laggards such as insurer Aviva and Tullow Oil as analysts recommended snapping up battered shares after a recent selloff.

Equities extend rally, oil rebounds

LONDON/NEW YORK - Equity markets worldwide extended the week's rally on Friday, and oil prices rebounded from recent lows as traders said investors were starting to reduce exposure as the end of year approaches.

4:05pm GMT

Dollar inches higher on diverging central bank policies

NEW YORK - The U.S. dollar rose against major currencies for a third straight session on Friday on diverging monetary policy between the Federal Reserve and other major central banks.

4:02pm GMT

Oil up on pre-holiday short-covering but down for fourth week

NEW YORK - Oil bounced higher on Friday as selling pressure from a six-month price rout eased for a second time this week on short-covering, helped by fresh buying in U.S. crude before the expiry of the front-month contract.

5:07pm GMT

Europe markets regulator toughens up rules on research costs

LONDON - The European markets regulator on Friday proposed tougher rules to deal with payments for third-party investment research as it looks to make the cost of investing more transparent.

1:20pm GMT
Markets

 

79.27
6,545.27
+1.23%
-12.14
17,766.01
-0.07%
411.35
17,621.40
+2.39%

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Currencies

1.5606
1.2759
1.2233

Other Indices

23,116.63
9,786.96
4,241.65
2,064.04
126.21
159.40

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