The office of Lloyd’s, an insurance and reinsurance major, in London. File/Reuters
An indicator measuring expectations for the next three months was the strongest since October last year at +9%.
Britain should delay Brexit beyond Oct.31 rather than leave the European Union (EU) without a deal, which would be particularly harmful to large carmakers, the head of the sector’s industry body told Reuters.
Britain’s economy picked up more than expected in July, data showed on Monday, dampening fears that it will succumb to its first recession since the financial crisis as the Brexit crisis escalates.
Spot gold fell 1.9% to $1,989.77 an ounce by 0952 GMT, retreating from last week's record high of $2,072.50. U.S. gold futures declined 1.8% to $2,003.10.
Market response to the US-China conflict has been limited, but analysts say the confrontations have longer-term implications. Euro/dollar was last neutral at $1.1736, having fallen to $1.1722 earlier, its weakest since Aug. 4.
The pan-European STOXX 600 index rose 1.2% by 0716 GMT, led again by a rally in growth-sensitive cyclical sectors like travel and leisure, miners and energy firms.
At the close, the Shanghai Composite index was down 1.15% at 3,340.29, while the blue-chip CSI300 index was down 0.91%. The tech-heavy start-up board ChiNext lost 1.7%, while the newly-launched STAR50 slid 2.9%. Leading the declines, the CSI SWS securities index dropped 3.4%.