FTSE 100 LIVE: FTSE soars ahead of Brexit talks as no deal looms

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FTSE climbed 0.6 percent, driven by a 5.7 percent hop in London-recorded portions of Simply Eat Takeaway.com NV JETJ.L as the food-requesting firm detailed a 46 percent bounce in its requests during the second from last quarter. The mid-cap FTSE 250 .FTMC additionally increased 0.6 percent, with polymer creator Synthomer Plc SYNTS.L flooding 21.9 percent after it announced an interval profit and raised its 2020 EBITDA standpoint.

“The market is estimating in about 40 percent for a no-bargain and 60 percent for an arrangement and today could be the day,” said Sebastien Galy, senior large scale tactician at Nordea Resource The executives in Luxembourg.

“There’s next to no expectation that something is being accomplished and the fact is whether Boris Johnson is happy to offer this to his gathering just like a triumph.”

Today’s crucial EU leaders’ Summit will come after Boris Johnson “expressed his disappointment” about the progress of Brexit trade deal negotiations in a call with EU leaders.

Speaking with European Commission president Ursula von der Leyen and European Council president Charles Michel, the Prime Minister said he will reflect on the outcome of this week’s EU’s summit before setting out the UK’s next steps.

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