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US dollar seen as fundamentally overvalued
The US dollar appeared to be fundamentally overvalued even after its slide over the spring and was likely to rise through to the end of 2017, given the likely contrast in the policies of the Federal Reserve and most other major central banks, Capital Economics said.
Tuesday preview: Vodafone finals, UK inflation
Vodafone is expected to report on Tuesday a decrease in full year earnings on the back of lower revenues amid fierce competition.
US close: Oil price rally lifts stocks higher
US stocks closed in positive territory on Monday, boosted by a rally in oil prices.
Market overview: Commodity stocks lead gains
1630:Close UK stocks finished the session with slight gains, buoyed by gains in crude oil and bulk commodity prices. That came about despite a raft of weaker than expected economic data out of China on Saturday and losses for longer-term sovereign bonds. Capping it all of, CBI downgraded its GDP forecasts for Britain in this year and next, due to the challenges facing some economies and China and uncertainty around the Brexit vote - even under the assumption that the 'remain' camp prevails.
UK jobless rate seen holding steady at 5.1% in March
The UK’s headline unemployment rate will hold steady at 5. 1% in March, with wage growth picking up to 3. 75% by year end, says Pantheon Macroeconomics.
Commodities: Libya to restart oil exports from Hariga
Reports from Goldman Sachs and Morgan Stanley on Monday telling clients that oil disruptions had seen the oft-cited excess of oil production in global markets vanish led to a pick-up in buying in crude futures.
Bonds: HSBC warns of recession signal from US Treasuries
These were the movements in the most widely-followed 10-year sovereign bond yields:.
FX round-up: Pound up slightly despite latest Brexit polls
Cable started the week with a small rise ahead of the release of a raft of so-called ‘first-tier’ data on the UK due out over the rest of the week.
South Africa Finance Minister faces potential arrest
South Africa Finance Minister Pravin Gordhan faces potential arrest and prosecution for alleged “espionage” after the country's Directorate for Priority Crime Investigation (DPCI) handed a case docket to the National Prosecuting Authority for a decision, a local newspaper has reported.
Berkshire picks up $1bn-worth in Apple shares
The conglomerate founded by investing legend Warren Buffet picked up a significant slice of shares in technology giant Apple during the first quarter of 2016, just as many investors were doing exactly the opposite following several years of strong gains for the tech sector, company filings revealed.
RBS names Frank Dangeard director as Williams & Glyn divestment saga continues
Royal Bank of Scotland has appointed Frank Dangeard as a non-executive director with immediate effect and against the backcloth of its IT-plagued struggle to divest the Williams & Glyn unit.
Compass' ratings affirmed by Fitch
Food-services company Compass' long-term issuer default rating and senior-unsecured rating of ‘A-‘ have been affirmed by Fitch Ratings, which cited its steady demonstrated operating performance.
Fitch warns on potential negative EU impact of Brexit
A UK vote to leave the European Union in June would weigh on the economies of countries in the single-currency bloc, and increase potential political risks in there, warns Fitch Ratings.
US open: Wall Street gains on oil and Apple
US equities were bouncing back after a three-week losing streak led by tech and oil shares despite a recommendation from strategists at Goldman Sachs for investors to follow the old stockmarket adage "to sell in May and go away".
Europe close: Oil and commodities buoy stocks
European markets came off their lows of the session, with gains in the price of oil and other commodities helping to offset caution on global growth prospects following a spate of weaker than expected data out of China over the weekend.
Small caps news round-up
LiDCO has inked a distribution agreement with partner ICU Medical to sell the LiDCO IM non-invasive hemodynamic monitoring system in the US. LiDCO IM is a specially configured hemodynamic monitor produced exclusively for ICU Medical. It works solely in conjunction with LiDCO's non-invasive module.
Another 840 jobs to go at HSBC
HSBC announced the loss of 840 UK jobs on Monday, as it prepared to shed hundreds of IT jobs locally and ship them offshore.
IQE announces strategic partnership with imec
Semiconductor wafer designer and manufacturer IQE announced a new strategic partnership with the imec nanoelectronics research centre on Monday, on Gallium Nitride-on-Silicon technology.
London close: Equities boosted by mining shares, oil price rally
UK stocks finished higher on Monday, led by mining stocks as commodity prices gained.
Director dealings: Dunelm chairman goes on shopping trip
Dunelm Group chairman Andy Harrison picked up almost £0. 5m worth of shares in the company, which are trading only around 10% short of their all-time high.