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Wednesday, February 27, British Prime Minister Theresa May promised to allow parliament to delay Brexit by up to three months if her own divorce proposals fail to Pound hard the support of lawmakers by March The dramatic reversal in May's steadfast strategy came after threats of Pound hard resignations from her own ministers and calls for a second referendum on Britain's EU membership from the main opposition Labor Party.

But the change in course angered Brexit hardliners in May's own Conservative Party. The pound gained 1.

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But the strength of sterling weighed on London equities, which finished lower on a day when both Paris and Frankfurt advanced. Earlier, Asian markets retreated amid doubts over whether Beijing and Washington can resolve their bitter trade war. US stocks finished a choppy session slightly lower after Powell reiterated Pound hard cautious approach to further interest rate hikes.

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Consumer Pound hard rebounded strongly in February as shoppers put the Wall Street rout and extended government shutdown of recent months behind them, according a Conference Board survey. After a nearly 20 per cent jump in US stocks since late December, some analysts think the market will find it hard to rise Pound hard further absent a positive catalyst, such as a final trade deal between the US and China. Negotiators from Beijing and Washington have reported progress on the talks and the next round of tariffs has been delayed but there is still no final deal.

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