Full List Of Stories
Directors dealings: Thor Mining's Johnson buys 0.5m shares to lift stake to 3.66%
Thor Mining non-executive director Paul Johnson waded into the market again on Monday, buying 0. 5m shares in the company at 0. 935p each.
Tuesday newspaper round-up: Brexit talks, May days, inequality gap, Barclays
David Davis bowed to European demands that Britain agree the principle of its multibillion-pound Brexit bill before talks on a new trade agreement can begin, as formal negotiations got under way in Brussels yesterday. In a significant climbdown, less than a month after declaring that the sequencing of the talks would be “the row of the summer”, Mr Davis changed tack and signed up to the main principles of the EU’s position. - The Times.
Comment: Markets price pause after Fed's June hike
Analyst Ipek Ozkardeskaya discusses the major drivers for the Fed policy, expectations for 2017 and examining the positive and negative risks on the US dollar.
Tuesday newspaper round-up: 'Credit impulse', soft Brexit, end of austerity
The global ‘credit impulse’ has fallen as dramatically over recent months as it did during the onset of the Lehman crisis, signalling serious headwinds for the world economy and asset prices just as the US Federal Reserve tightens monetary policy. A key UBS tracking indicator shows that the impulse has plummeted by 6pc of GDP since peaking last year, driven by powerful swings in China and the US. - Telegraph.
Monday newspaper round-up: Household spending, Brexit plans, Brexit delay
Squeezed British households have cut back their spending for the first time in almost four years, according to figures that underscore the pressures from rising prices and political uncertainty. Visa, the credit and debit card processing business, said its vast database of spending patterns shows there was a drop in spending across a broad range of categories last month, including clothing, household goods, food and transport. - Guardian.
Sunday share tips: Mitie, Royal Bank of Scotland, Diageo, Gleeson Homes
Mitie shares are worth avoiding, said the Sunday Times' Inside the City column, having rebounded hard since former chief executive Ruby McGregor-Smith left. On Monday, new boss Phil Bentley will unveil his new strategy for the outsourcing group. So far the ex British Gas and Cable & Wireless veteran has written off £50m the balance sheet and bought £3. 6m worth of shares in his new employer.
Sunday newspaper round-up: Election fallout, Brexit, insurers, energy companies, BP
Sterling, the market’s usual prism for viewing the UK’s departure from the European Union, fell 2% on Friday but the pound is still higher than it was on the morning of 18 April, the day Theresa May announced her fateful plan to go to the country to secure a stronger negotiating hand. Investors’ mood of semi-cheerfulness flows from the idea that May is now so weakened that she, or the next Tory leader, won’t be able to pursue a hard Brexit that seeks to take the UK out of the EU single market and customs union.
3rd ICO Sustainable Bond Forum
The Secretary of State for the Economy and Business Support, Irene Garrido, and the Chairman of Instituto de Crédito Oficial, Pablo Zalba, opened ICO's Sustainable Bonds Forum which, for the third consecutive year, met in Madrid with issuers, investors, banks, agencies and other participants in the sector to discuss the current situation and market outlook.
How will markets react to different election results?
By Jasper Lawler, senior market analyst at LCG.
Sunday share tips: Auto Trader Group, Lloyds Banking Group, Aviva
Auto Trader Group shares were a 'buy' for the Sunday Times' Inside the City column. Although to purchase the stock investors need to pay 30 times forecast earnings for the year to 31 March, the company dominates the market for used car sales, enabling it to make profit margins north of 60%. The new car market seems to have hit a major roadblock after years of cheap finance-fueled growth, with a decline in new sales predicted for 2017, which has put a dent in Auto Trader's valuation.