MARKET NEWS UPDATE;
European stocks opened in the red, while U.S. futures and Asian shares slipped, as worries about the U.S.-China trade spat refuse to go away.Elsewhere, a 128-year-old Swiss bank that caters to the ultra-rich is expanding in Britain – but will be based outside London.
– The British pound passed $1.30 after the latest speculation about Brexit progress
– Australia and New Zealand saw their dollars slump following disappointing business data
– Oil hit a 7-week high but gold fell
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