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Slumping oil prices, a widening budget deficit and a leftist leader pushing for lower interest rates: At first glance, it's the perfect setup for currency traders to bet against Colombia....
Oxford University hails partnership as 'step forward in cancer research'Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Britain's second-biggest drugmaker GSK has struck a deal with the University of Oxford under which it will pump up to £50m into early cancer research to develop new treatments.We're pleased to further strengthen our relationship with Oxford University and to combine the deep knowledge of Oxford and GSK scientists. By exploring precancer biology and building on GSK's expertise in the science of the immune system, we aim to generate key insights for people at risk of developing cancer.9am GMT: Germany Ifo Business confidence for January3pm GMT: US New home sales for December3.35pm GMT: ECB President Christine Lagarde speaks Continue reading......
Colombian assets are set for a rout after US President Donald Trump said he'd implement a spate of tariffs and sanctions on the South American nation....
EMERGING MARKETS-Latam FX come under pressure; Colombia data on tap MSCI Latam FX index down 1.1%; stocks off 2% EU, Mercosur sign free trade deal Banco do Brasil slides on Citi downgrade Colombia inflation data on tap Chile's consumer prices up 0.2% in November Updates to afternoon trading By Pranav Kashyap and Johann M Cherian Dec 6 (Reuters) - Most Latin American currencies slipped on Friday against a choppy U.S....