FTSE 100 climbs as U.S.-China trade deal nears; midcaps outshine
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(Reuters) - London's main stock index gained on Monday, in step with global peers, as investors took heart from the imminent signing of a Phase 1 U.S.-China trade deal, while hopes of further interest rate cuts by the Bank of England helped the midcaps outperform.The FTSE 100 added 0.4%, having earlier touched its highest level so far this year, as trade hopes were complemented by easing Middle East tensions.The FTSE 250 outshone the blue-chips and the European benchmark with a 0.7% rise on..