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US close: Stocks end lower as oil prices retreat
US stocks ended in the red on Tuesday with energy issues under the cosh amid falling oil prices, as investors continued to digest dovish comments by Federal Reserve governor Lael Brainard.
BoJ to delve deeper into negative interest rates
Rate-setters at the Bank of Japan would pledge to delve deeper into negative interest rates when they met to decide on policy on 21 December.
Fund managers opt for cash over low-yielding assets, BofA says
Fund managers continued to hoard cash at a near-record pace, preferring to give low-yielding assets a wide berth, as most stuck to their 'bearish' view on the market, according to the results of a widely-followed survey.
Bonds: Treasuries fall back to pre-Brexit levels
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Commodities: Energy futures weakest after IEA cuts forecasts
Commodities came under pressure as the US dollar strengthened despite dovish remarks from a key US central bank official overnight.
Directors dealings: Telit boss continues to amass stake
Telit Communications boss Oozi Cats purchased a large number of shares in the provider of wireless module technology for machine-to-machine or Internet-of-Things solutions.
Greene King to move Spirit pub employees away from zero-hour contracts
UK based pub retailer and brewer Greene King has announced that it is going to move workers from its acquired Spirit pubs off zero-hour contracts, according to a report by The Guardian.
Europe close: Stocks drop despite dovish Fedspeak
European stocks tracked losses on Wall Street, despite dovish comments from a key Fed official overnight, although weakness in energy futures were a clear drag.
Sector movers: Beverage stocks pace gains
Defensive issues took over from cyclicals, with beverage stocks climbing to the top of the leaderboard on the back of positive broker commentary.
Small caps news round-up
Clinical stage specialty pharma company focused on best in class treatments for orphan diseases, Amryt Pharma, posted its interim financial statements for the six months to 30 June on Tuesday. The AIM-traded firm was admitted to trading on AIM and the ESM market of the Irish Stock Exchange on 19 April following the reverse takeover of Fastnet Equity.
Bank of England includes Apple in bond buying scheme
Apple has been included on the Bank of England’s list of 100 companies eligible for its stimulus bond-buying scheme.
Tuesday newspaper share tips: G4S, AB Foods
Shares in G4S have had a good run but they are not worth holding and much less buying, The Daily Telegraph's Questor column said.
London close: Stocks end lower as oil prices slide, UK inflation data disappoints
London stocks closed in the red on Tuesday after disappointing UK inflation data and a slump in oil prices.
Barroso criticises European Commission for probe into Goldman Sachs appointment
Former European Commission president Jose Manuel Barroso has hit out at the decision to bring an investigation against him following his appointment to a senior position at US investment bank Goldman Sachs.
Treasury Committee launches inquiry into EU insurance regulation
The Treasury Committee has agreed the terms of reference for its inquiry into Solvency II, a harmonised European-wide insurance regulatory scheme.
JP Morgan CEO Dimon calls for Federal Reserve rate hike
Jamie Dimon, Chief Executive Officer of US investment bank JPMorgan Chase, has said that the Federal Reserve should raise interest rates at its September meeting.
Amryt Pharma positive about drug developments
Clinical stage specialty pharma company focused on best in class treatments for orphan diseases, Amryt Pharma, posted its interim financial statements for the six months to 30 June on Tuesday.
Verona Pharma makes progress on new respiratory drug
Verona Pharma, a UK based drug development company focused on first-in-class medicines to treat respiratory diseases, reported positive results on new drug “RPL554”.
Good Energy Group posts energetic first half numbers
Renewable energy supplier and generator Good Energy Group posted its interim results for the six months to 30 June on Tuesday, with revenue rising 40% to £45. 6m.