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FX round-up: Cable edges higher for a second day
Cable moved higher for a second day on Thursday against a backdrop of risk-aversion across all asset classes following the release of weaker than expected trade data out of China for the month of September.
US close: Stocks fall on China, rate hike caution
Stocks markets in the US finished lower on Thursday as risk appetite was hit by poor Chinese trade data and continuing low levels of US joblessness that reinforced the impression that December may see an interest hike from the Federal Reserve.
Sector movers: Chinese September trade data triggers move into defensives
Defensive issues and real estate investment issues traded placed with cyclicals on Thursday, with weaker-than-expected Chinese trade numbers acting as the catalyst, although in recent sessions some strategists had pointed out that a pull-back in the former might have created some value.
Gulf Keystone completes restructuring
Gulf Keystone Petrol announced it had completed its balance sheet restructuring.
Bonds: Economists see December Fed hike, but harbour doubts
These were the movements in the yields of some of the most widely-followed 10-year sovereign bonds:.
Commodities: Chinese trade data knocks copper futures lower, but little else
Weaker than expected trade data out of the People's Republic of China left a dent in copper futures but not much else on Thursday, with a pull-back in the US dollar possibly helping to steady traders' nerves.
Amazon to hire 120,000 temporary workers for Christmas period
US e-commerce giant Amazon has revealed it plans to hire 120,000 seasonal workers for the festive period, a 20% increase on last year's hires.
Small cap round-up
Porta Communications, an AIM listed communications and marketing group, announced changes to its board of directors on Thursday as chairman Bob Morton stepped down from his role. The company has appointed former group managing director Steffan Williams as chief executive. He will replace David Wright, who will take up the position of executive chairman.
Europe close: Chinese data knocks stocks off their perch
European stocks fell on Thursday as weak Chinese trade data weighed on the basic resources sector.
EU launches appeal over WTO ruling on Airbus subsidies
The European Union is set to appeal a ruling from the World Trade Organisation last month which found that it had provided too many subsidies to plane manufacturer Airbus.
London close: Stocks fall on growing expectations of a Fed rate hike
London stocks declined on Thursday as expectations of an interest rate hike by the Federal Reserve this year rose and China trade data came in weaker than expected.
Sterling softness underpins Renold as it shutters Lille warehouse
Industrial chains and related power transmission products supplier Renold issued a period-end trading update for the six months to 30 September on Thursday, as well as an update on the group's STEP 2020 Strategic Plan.
Weekly US oil inventories jump, push WTI futures higher
US crude oil stockpiles jumped last week, pushing crude oil futures higher, albeit alongside sharp drops in product inventories.
Government has no legal power to trigger Article 50 of Brexit process, court hears
The government does not have the legal power to trigger the formal Brexit process without a vote in Parliament, the High Court heard on Thursday.
Polo Resources' Hibiscus Petroleum purchases Shell's Malaysian fields
Polo resources, an AIM-listed natural resources investment company, announced that its investee company Hibiscus Petroleum Berhad’s subsidiary SEA Hibiscus has entered into a sale and purchase agreement with Sabah Shell.
Samsung to offer Note 7 customers $100 not to ditch brand
Electronics giant Samsung is offering $100 to each of its customers who purchased one of its now defunct Galaxy Note 7 models - with the only catch being that they must stick with its brand and accept another Samsung device in exchange.
Thursday newspaper share tips: Marston's, Greene King, Monks
Investors' worries about the impact which inflation will have on Marston's and Greene King are overstated and the shares are cheap, The Times's Tempus said.
Acal claims strong underlying growth in first half
Customised electronics supplier Acal issued a trading update for the six months to 30 September on Thursday, ahead of publishing its half-year results on 29 November.
US open: Stock falls signalling December Fed rate hike
Stocks in the US tumbled on Thursday after data showed US joblessness remained at a 43-year low, adding to the case for an interest rate hike in December by the Federal Reserve.
Findel sales rise in H1, on track for full year
Findel expressed confidence in delivering full-year results in line with current expectations as it reported growth in first-half sales.