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Further gains in global equities lie ahead, Kepler says
A rally in global equities since their February 2016 lows had further to run, as evidence mounted that deflationary pressures were easing, in turn allowing the US Federal Reserve to continue tightening policy "without causing trauma", analysts at Kepler Chevreux said.
US close: Stocks end up but off highs as oil slips back
US stocks closed up on Wednesday as a dovish speech by Federal Reserve Chair Janet Yellen the previous day continued to underpin sentiment, although indices were off the day's highs as oil prices slipped back.
Commodities: Weak tone in commodities outside of energy
Trading in the commodity complex had a slightly weak tone to it on Wednesday, with the exception of the energy patch, ahead of Friday´s US jobs report, which might heavily influence rate hike bets Stateside.
Sectors movers: Miners lead charge on risk-on Wednesday
The mining sector led the way on Wednesday, along with stocks offering exposure to Asia.
Europe close: Stocks extend gains
European stocks continued pushing higher Wednesday, as investors welcomed dovish comments from Federal Reserve Chair Janet Yellen on the previous day and ahead of Friday´s all-important monthly US jobs report.
FX round-up: Calm trading in cable amid US dollar weakness
Trading in sterling was relatively muted amid weakness in the US dollar - especially against the currencies of some of the main commodity exporters - on the heels of dovish remarks from Fed chair Janet Yellen in the previous session.
Results round-up
First quarter results from Carnival made a splash as sales and earnings beat expectations and the cruise operator ran up higher guidance for the full year.
Spitfire Oil facing challenge of 'Himalayan' proportion
Spitfire Oil was facing a challenge of mountainous proportions as it reported its interim results for the last six months of 2015 on Wednesday.
London close: FTSE closes higher after Yellen's remarks, oil price recovery
The FTSE 100 closed higher on Wednesday after a rebound in oil prices and dovish comments from Federal Reserve Chair Janet Yellen.
Director dealing: Icap's new CFO dips in
The day after Icap gained final approval to sell its voice broking arm, finance director Stuart Bridges showed his confidence in the deal with a £118,425 purchase of shares.
Wednesday newspaper share tips: Premier Foods, Cerillion
US outfit McCormick faces a daunting task when trying to weigh up how much to fork out for Premier Foods, the Financial Times´s Lex column said.
Carnival makes a splash with improved earnings guidance
First quarter results from Carnival made a splash as sales and earnings beat expectations and the cruise operator ran up higher guidance for the full year.
MySQUAR monetising Burma's smartphone market
MySQUAR’s goal of monetising the burgeoning Burma smartphone market continued apace in the second half of 2015, with the company showing progress in its half yearly report on Wednesday.
Small caps news round-up
SolGold was brimming with confidence in its Cascabel exploration on Wednesday, returning final assay results from hole 14 at the Alpala Central deposit. The AIM-traded company said the results were from hole 14, which tested eastern extensions of the Alpala Central deposit.
Thursday preview: UK GDP, Eurozone inflation, US initial jobless claims
Traders will be kept busy on Thursday sifting through a batch of economic data which includes UK gross domestic product, Eurozone inflation and US initial jobless claims.
Two more interest rate hikes likely in 2016, Fed´s Evans says
The US central bank was moving cautiously on monetary policy tightening due to increased global risks, a top policymaker said, with even a June rate hike being seen as possibly too soon.
US open: Stocks rally on private payrolls data, Yellen speech
US stocks advanced on Wednesday after a better-than-estimated private payrolls report and a dovish speech from Federal Reserve Chair Janet Yellen.
More good results from SolGold's Cascabel exploration
SolGold was brimming with confidence in its Cascabel exploration on Wednesday, returning final assay results from hole 14 at the Alpala Central deposit.
Milestone Group completes premium-price placing
Shares in AIM-listed Milestone Group shot to a year's high after a fundraising at a premium price.