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Home>European Morning Briefing: Mixed Start for Stocks; Dollar Rally Pauses

European Morning Briefing: Mixed Start for Stocks; Dollar Rally Pauses

European Morning Briefing: Mixed Start for Stocks; Dollar Rally Pauses

10/04/2017

 Snapshot: ======== 

Stocks seen mixed; EUR/USD 1.1767-70; bund yield 0.464%; Brent crude $55.65; gold $1275.50

-France's National Assembly Approves Antiterror Bill

-Glencore to Boost Stake in Peru Mining Company Volcan CompaƱia Minera

-U.K.'s Royal Mail Reiterates Commitment to Talks After Union Backs Strike

Watch For: Eurozone, Germany, France, U.K., U.S. services PMI; eurozone retail trade; Poland interest rate decision; Theresa May gives keynote speech at the Conservative Conference in Manchester; Tesco interim results

 Headline News: ============= 

France's National Assembly passed contentious antiterror legislation Tuesday that seeks to enshrine extraordinary powers the government adopted years ago when it declared a state-of-emergency in the wake of the Nov. 13, 2015, attacks.

The bill, first proposed in July and approved in a different form by the senate, would enshrine in common criminal law some of the emergency measures that France has deployed for the longest period in its history, since the November 2015 series of terrorists attacks that killed 130 people in the French capital. Senators and lawmakers are expected to agree on a single text bymid-October.

At the vote in France's lower house, 415 lawmakers voted in favor, 127 against and 19 abstained. Most of those voting in favor came from President Emmanuel Macron's majority, while far-left, National Front and some center-right lawmakers voted against.

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