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Latest News
09 May
James Fisher & Sons MV Cumbrian Fisher oil/chemical tanker, shipping
Chinese exports rise slightly in April, but markets wary

China's exports improved last month as a weaker currency boosted sales overseas, yet initial market talk was of a lack of a sustained improvement in exports which was having a 'knock-on' effect on suppliers to Chinese firms throughout the Asia-Pacific region.

08 May
enquest, rig, oil
Commodities: Asset class pushes higher on sustained demand from investors

Commodities markets were awash in green at the end of the week despite another small gain for the US dollar, as data showed that investors were continuing to pile into the asset class.

08 May
Brexit could lead to fragmentation of EU, instability, ex-MI5, MI6 heads say

The ex-heads of MI5 and MI6 told the Sunday Times that the UK leaving the European Union might hamper anti-terrorism efforts and have a profound negative impact on the EU and, in time, on Britain itself.

08 May
sundays
Sunday newspaper round-up: Oil, BoE, Lloyds, buy-to-let, Centrica

Low oil prices look set to drag on after Saudi Arabia's moderate oil minister Ali al-Naimi was ousted by the government. The replacement of Al-Niaimi, who was leading calls to help rebalance the struggling oil market, has scuppered hope that the world’s major oil producing nations might agree to freeze output in a bid to raise prices in the oversupplied global oil market, the Sunday Telegraph said.

08 May
Bank of England, BoE, banking, financial services, money, City, London
FX round-up: MPC's Vlieghe may vote for rate cut at next BoE meeting, some say

Sterling beat a hasty retreat going into the weekend and next week's meeting of the Monetary Policy Committee, weighed down by weak data in the UK and falling yields on Gilts.

08 May
platinum
Sunday share tips: Lonmin, Icap, ULS Technology

Sell Lonmin shares, said the Sunday Times' Inside the City column. Half a year on from its near-£260m fundraising via a highly discounted rights issue, the platinum miner is heading into a tough month. Interim results are due on 16 May, when the market is likely to see the company has already chewed through a large part of its nest egg, which the company may play up ahead of the next round of pay negotiations with South Africa's mining unions.