The U.S. is threatening to lock Britain out of a huge 46-nation trade pact. That would deny British companies from accessing a $1.7 trillion marketplace after Brexit, sources say.
The pound is higher after reports that there’s momentum in talks with the European Union.
Elsewhere in markets:
– Italian bonds continued to slide as the country’s populist leaders vowed not to change their budget plan
– South Korean equities slumped as trading resumed after a holiday
– Hurricane Michael has curtailed U.S. offshore oil production, and WTI crude is holding near $75 a barrel
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