Friday 06 Sep 2013
Stocks opened broadly lower on Friday morning with investors refraining from building positions ahead of the all-important US jobs report due out this afternoon, seen as a deciding factor in the Federal Reserve's impending withdrawal of stimulus.
Friday 06 Sep 2013
Reports attribute aggressive remarks to Putin; Later reports indicate Russia will maintain current levels of “support”; Weaker than forecast non-farm payrolls numbers; Treasury yields drop; Gross (PIMCO): “More tinker than taper in September”; E.Platt (FT): Bank of America does not expect Fed tapering come September; Bill Hubard (Markets.com) still sees “Septepering”; Barclays Research and
Thursday 05 Sep 2013
Government borrowing costs in the US and Europe surged as investors became more optimistic that the developed world has embarked on a period of sustained and rapid growth and anticipated that central banks will increase interest rates earlier than previously thought. Yields on sovereign debt, which move inversely to prices, broke above key levels in Europe and the US, even after Mario Draghi, the
Thursday 05 Sep 2013
The Government’s planned sale of its stake in Lloyds Banking Group could be delayed until later in the autumn of 2013 because of turbulent equity markets.
Thursday 05 Sep 2013
Panmure Gordon has maintained its 'buy' recommendation for pharmaceutical giant GlaxoSmithKline but admitted that it was disappointed with the firm's setback on its potential new skin-cancer treatment.
Thursday 05 Sep 2013
After a strong start for UK stocks, the FTSE 100 pared gains by lunchtime as nervousness set in ahead of a number of risk events that have to potential to spark some volatile moves on financial markets.
Thursday 05 Sep 2013
InterContinental Hotels Group (IHG), the owner of the Crowne Plaza and Holiday Inn franchises, saw shares jump on Thursday morning after UBS upgraded its rating from 'neutral' to 'buy' and added the stock to its 'Most Preferred' list.
Thursday 05 Sep 2013
The FTSE 100 jumped strongly in early trading on Thursday as investor risk appetite increased ahead of policy decisions from the Bank of England (BoE) and the European Central Bank (ECB) later on.
Thursday 05 Sep 2013
Raghuram Rajan has taken charge of India’s central bank, with the former International Monetary Fund Chief economist warning he will take unpopular steps to tackle the country’s worst economic crisis in decades. The new Reserve Bank of India Governor announced his “big initial package” to arrest slowing growth and support a currency that has plunged to record lows, The Daily Telegraph says.
Thursday 05 Sep 2013
Integrated natural gas company BG Group’s decision to cut its guidance was due to geopolitical factors – in Egypt – and technical factors – in Norway. Nevertheless, the third reason behind that lower forecast - its decision to reduce the number of rigs operating in North America, is sensible. All in all that is the normal reshuffling one would expect from a group of BG’s size and with such
Wednesday 04 Sep 2013
Water group Severn Trent has confirmed it has no plans to apply to regulator Ofwat for a special interim review of its 2010-2015 price limits relating to investments and costs associated with the adoption of private drains and sewers.
Wednesday 04 Sep 2013
Stocks in the airline sector were hit hard by a gloomy outlook from Ryanair on Wednesday after a profit warning from Europe's largest budget airline scared investors.
Wednesday 04 Sep 2013
Shares in aviation companies easyJet and IAG were all heading south after Ryanair issued a warning on annual profits after its shares plunged in response.
Wednesday 04 Sep 2013
Online poker group Bwin.party has launch its new website, partypoker.com, marking a "significant first step" in the merging of social media and real money gaming.
Wednesday 04 Sep 2013
The Syria crisis, the release of the Federal Reserve’s Beige Book and trade figures are likely to be on investors’ radars as the US market opens.
Wednesday 04 Sep 2013
Exane BNP Paribas has upgraded its rating for speciality chemicals group Croda International from 'neutral' to 'outperform' following the stock's underperformance so far this year.
Wednesday 04 Sep 2013
Crude oil futures fell on Wednesday as markets took the view that any military intervention in Syria could still some time to happen.
Wednesday 04 Sep 2013
Shares in Chile-based copper miner Antofagasta were making gains on Friday after Canaccord Genuity retained their positive stance on the stock, giving an upbeat outlook for free cash flow (FCF) and the prospect of a special dividend in the new few years.
Wednesday 04 Sep 2013
Stocks declined on Wednesday morning on concerns over an imminent Western military intervention in Syria, with investors also choosing to scale back positions ahead of a number of 'risk events' later on in the week.
Tuesday 03 Sep 2013
The dollar pulled off a six-week high against major currencies on Wednesday as profit takers moved in ahead of Friday's widely watched US jobs report.
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