Despite a weak end to the week, European shares have started the month with solid gains setting the region’s benchmark on course for a sixth weekly gain out of 9, with only three down weeks since the start of the year.
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Although the polls suggest that Clinton and the Democrats could still take the White House, the polls have narrowed in recent days, which must be worrying for the Clinton camp. This is being reflected in the financial markets, where the stock markets have been stuck in a directionless range (see more below), and Treasury yields have broken back above the key 1.8% level.