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Oil prices experienced a surge following a Ukrainian drone strike that halted loadings at a key Russian port. However, concerns about U.S. demand, fueled by a revised jobs report and rising inflation, limited gains. While attacks on Russian energy infrastructure could curb exports, potential tariffs on India and China, along with increased global supply, added to market uncertainty.
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News and Media
European shares closed the week mostly higher. Investors were cautious about France's credit rating. Healthcare stocks saw losses, with Novartis and Zealand Pharma declining. Aerospace and defence stocks rose due to geopolitical tensions. Banks rebounded after a weak period. French stocks outperformed despite political concerns. Ocado shares fell after Kroger's review of warehouse investments.
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News and Media
Donald Trump will visit Britain next week. The British royals will use their influence during the visit. They aim to positively influence the US President. King Charles had offered Trump a second state visit. Prince William and Kate will greet Trump. There will be a carriage procession and a state banquet. The British government hopes to strengthen ties with Washington.
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News and Media
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