News Update :: By Spider Signals

German Chancellor Angela Merkel will quit as head of her Christian Democratic party after nearly 20 years. The euro extended a decline on the news.

Shares in HSBC surged after the bank’s CEO delivered the kind of growth investors were waiting for.

– European stocks started the week on the front foot, largely ignoring a mixed picture across Asia
– U.S. dollar gained and gold slipped
– Oil traded below $68

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