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US close: Markets end lower as eyes turn to presidential debate
US stocks dropped on Monday as investors exercised caution ahead of the first US presidential debate and as OPEC met in Algeria.
Bonds: Yields drops as Deutsche Bank slumps again, US election debate looms
These were the movements among some of the most widely-followed 10-year sovereign bond yields:.
FX round-up: Euro and yen set to strengthen, Citi says
Cable regained its composure following a late-Friday evening swoon on the back of remarks from the Foreign Secretary that Brexit negotiations would probably start in the early part of 2017.
Commodities: OPEC members' remarks stoke volatility in crude oil futures
Commodities were pushed higher by US dollar weakness as investors waited on the results of a key presidential election debate later in the day Stateside, with energy futures continuing to see out-sized volatility as traders kept close track on the news-flow coming out of Algiers.
Small cap round up
Fibre optic infrastructure designer, builder, owner, and operator CityFibre announced the acquisition of the entire metropolitan local access duct and fibre network assets of Redcentric on Monday. The AIM-traded firm said the acquired assets comprise 137 kilometres of duct and fibre networks serving 188 Redcentric customer connections, with principal footprints covering Cambridge, Portsmouth and Southampton, along with complementary incremental coverage in the existing CityFibre footprints of Nottingham, Derby and Northampton.
Supermarket beer sales exceed pubs' for the first time
For the first time people are buying more beer in supermarkets than at pubs, according to data gathered by the British Beer and Pub Association (BBPA).
ECB president Draghi urges governments to spur growth
Mario Draghi has called on European governments to stimulate growth in the region, saying that the European Central Bank is not capable of shouldering the burden of recovery on its own.
London close: Stocks slide as US presidential debate and OPEC meeting eyed
London stocks tumbled on Monday on jitters ahead of the first US presidential debate and an OPEC meeting.
Europe close: Banks lead losses
European stocks fell on Monday, with banks under the cosh as Deutsche Bank slid, despite a strong reading on German business confidence.
Broker tips: Lloyds, InterContinental Hotels, Hays
Goldman Sachs cut its stance on Lloyds Banking Group to ‘sell’ from ‘neutral’ and trimmed the price target 6% to 50p as it pointed to increased competition and low rates.
US open: Stocks fall ahead of presidential debate
US stocks dropped on Monday as investors exercised caution ahead of the first US presidential debate and as OPEC met in Algeria.
SpaceandPeople cancels dividend after making a loss in first half
SpaceandPeople, a retail, promotional and brand experience specialist, has not offered a dividend to its shareholders for the first time during its 2005 AIM listing following a poor performance in the first half.
Snapchat introduces one-minute US voter registration
Popular social media app Snapchat has made a new foray into politics - by allowing users to register to vote in the US presidential election this year.
Sector movers: Hard Brexit concerns weigh on life insurers
Reports suggesting that Britain might be leaning towards a hard Brexit took their toll on the UK life insurance sector and weighed on cable in the process.
Labour says it would introduce £10 living wage and tackle tax avoidance
Labour would increase the national living wage, which is likely to be above £10 an hour, shadow Chancellor John McDonnell announced as he said he would also bolster HM Revenue and Customs to tackle tax avoidance.
FTSE 100 movers: Carnival on the rise after Q3, but Lloyds drops on downgrade
London’s FTSE 100 was down 1. 3% to 6,818. 58 in afternoon trade.
Results round-up
Fibre optic infrastructure designer, builder, owner, and operator CityFibre announced the acquisition of the entire metropolitan local access duct and fibre network assets of Redcentric on Monday.
Rio Tinto launches $3bn bond buyback
Rio Tinto has launched a $3bn bond-buyback plan as the miner looks to use its put its cash to use.
Director dealings: Hikma trio building dominant stake
Hikma Pharmaceutical's founding family, led by including chairman and chief executive Said Darwazah, have spent another £6m buying shares in the drug maker in the last few days.
FTSE 250 movers: UDG healthcare gains but housebuilders retreat on BBA data
London’s FTSE 250 index was down 1. 2% to 17,716. 09 in afternoon trade.