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FX roundup: Sterling softens as dog-and-pony US election enters end game
Sterling was lower on Tuesday evening on most major crosses as nervy traders around the globe inevitably looked to the dog-and-pony US election saga, which is now entering its end game.
Sector movers: Miners rise on signs of good Chinese demand (for now)
The largest bulk metals miners again paced gains on the market on Tuesday despite data showing falling imports of copper and iron ore from China, for instance.
Europe close: Stocks waver ahead of US election results
European stocks wavered in a tight range as investors opted for caution ahead of the result of the US presidential election.
Nikkei and S&P 500 would tumble if Trump wins election, analyst says
Despite the small lead for Hillary Clinton heading into the US presidential elections, her victory was already "heavily discounted" meaning that global capital markets would react far less than if her rival, Donald Trump, were to finally come out on top, a top think-tank said.
Small caps round-up
Rare Earth Minerals reported the analytical results for a further two drill holes CIW-07 and CIW-08 at the Cinovec Lithium-Tin-Tungsten Project on Tuesday. The AIM-traded firm currently holds a 17. 64% economic interest in the project through its direct equity stake in European Metals Holdings, increasing to 20. 84% following the annual general meeting of EMH to approve a further investment by REM.
London close: FTSE ends higher as markets eye US election
The FTSE 100 closed in the green on Tuesday as investors awaited the outcome of the US presidential election and weighed economic data.
Directors dealings: Old Mutual boss sells down
Old Mutual chief Bruce Hemphill sold a hefty amount of shares amid ongoing doubts in the marketplace about whether the insurer would finally choose to sell its UK wealth management unit, possibly opting instead for a listing.
Commodities: Crude futures falter as US enters election end-game
Crude-oil futures are on the back foot on Tuesday afternoon with metal prices surging north as global markets take a deep breath ahead of the US elections entering their end game.
Rare Earth Minerals upbeat on latest Cinovec drilling results
Rare Earth Minerals reported the analytical results for a further two drill holes CIW-07 and CIW-08 at the Cinovec Lithium-Tin-Tungsten Project on Tuesday.
Tesco Bank hackers probe led by National Crime Agency cyber sleuths
UK's National Crime Agency (NCA) is leading a criminal probe into the recent cyber attack on Tesco Bank, which saw about 20,000 accounts raided by tech-savvy hackers.
Hertz cuts full-year guidance, shares crash
Hertz Global Holdings reported far weaker than expected quarterly earnings amid adjustments to the value of its rental vehicles, and cut its full-year guidance, sending its shares plummeting.
Sunrise Resources posts positive update on Bay State project
Mineral exploration and development company Sunrise Resources posted a summary of progress to date on its priority Bay State Silver Project on Tuesday.
FTSE 250 movers: JLT and Tullett jag lower, Evraz rides steel spike
The FTSE 250 was led moderately lower on Tuesday as most markets moved skittishly sideways ahead of a US election that is seen as having potentially widespread implications for the global economy.
Broker tips: HSBC, Ryanair, Aveva
Barclays left its rating on HSBC at ‘equal weight’ and raised its target price to 600p from 550p after the bank reported its third quarter results.
Bowleven widens losses as it continues hunt for income
Africa focused oil and gas exploration group Bowleven posted its preliminary results for the year to 30 June on Tuesday, in another year of nil revenue, though operating expenses were lower at $9. 1m compared with $11. 87m a year earlier.
US open: Investors wary on election day as they await president Clinton or Trump
US markets opened warily on Wednesday as Americans headed to the polls, while investors tentatively awaited the new tenant of 1600 Pennsylvania Avenue.
Results round-up
Imperial Brands reported a drop in profit for the year to end of September, but revenue rose and the FTSE 100 tobacco company upped its dividend by 10%.
Numis reiterates 'add' on Aveva after first half results
Numis on Tuesday reiterated an ‘add’ rating on Aveva and a target price of 2,050p after the engineering software provider swung to a profit in the first half.
Gfinity boosts revenue, narrows loss in full year results
ESports company Gfinity posted its full year results for the 12 months to 30 June on Tuesday, with revenue increasing by 158% to £1. 45m.
FTSE 100 movers: AB Foods gains on results but M&S slumps
London’s FTSE 100 was up 0. 1% to 6,812. 41 in afternoon trade as investors sat on their hands ahead of the US election results.