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US close: Markets in the red after Trump's travel ban
Following President Donald Trump’s travel ban for arrivals from seven predominantly Muslim countries, US equity markets were on the back foot on Monday as the Dow slipped past the 20,000 mark, the milestone it passed just last week.
FX round-up: Some analysts warier on Washington
Sterling was one of the worst performers at the beginning of the week as a survey from the Confederation of British Industry pointed to economic activity coming off a year-end 2016 spike, against a sharply risk-off environment.
Bonds: Gilts outperform Treasuries as Greek debt slumps
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Commodities: Gold finds small bid as investors gauge weekend news from US
Most commodities outside of precious metals space traded lower on Monday, as risk aversion picked up following confusion over the weekend regarding the exact scope of the US administration's temporary ban on immigration from several majority Muslim countries.
Europe close: Stocks slip following US immigration curbs
European stocks were in the red on Monday, as investors’ assessed President Donald Trump’s curb on refugees and his travel ban on arrivals from predominantly Muslim countries entering the US.
Tuesday preview: Ocado reports full year results
British online supermarket Ocado is on Tuesday expected to reveal an increase in full year earnings, driven by growth in the core business and its home delivery deal with Morrison.
Porvair achieves record full year revenue
Specialist filtration and environmental technology group Porvair has reported record full year revenue, driven by growth in aviation filtration.
US airline shares continue to reel after Trump travel ban
Shares in US airlines were near the bottom of the pile again at the start of the week, following the new president's executive order, signed on 27 January, temporarily suspending the refugee admissions programme, imposing a temporary ban on refugees travelling from Syria specifically and on the entry of so-called 'aliens' from seven countries.
London close: Stocks fall as investors digest Trump's travel bans
London stocks were under pressure on Monday after US President Donald Trump announced a curb on refugees and a temporary travel ban on arrivals from several majority Muslim countries.
Sector movers: Telcos dodge losses as miners, Big Oil drag
Telecommunications and pharma issues found a bid as stocks in the Materials space lost ground amid risk-off trading in the wake of the past weekend's events which saw a significant amount of confusion in the US, and to an extent in many other countries, over the scope of the temporary travel bans imposed by the US administration on travelers and refugees from several mainly Muslim countries.
Small caps news round-up
Romania and Zimbabwe-focused mining company Vast Resources announced on Monday that it has secured a loan facility and signed a conditional agreement for the partial disposal of a non-controlling interest in its Pickstone-Peerless Gold Mine and Giant Gold Mine, providing gross proceeds of $8m, primarily to advance the company's core activities in Romania. The AIM-traded company said the strategic investment by SSCG Africa Holdings provided gross proceeds of $8m to Vast, by way of $4m cash consideration for the sale of 49.
Former HBOS bankers found guilty of bribery and fraud
Two former HBOS bankers are among six people who have been found guilty of bribery and fraud.
US personal incomes rise less than forecast, Commerce Department says
US consumer spending rose in line with expectations in December while growth in personal income fell short of estimates, the Commerce Department revealed on Monday.
Director dealings: Proactis new CEO takes proactive approach
Proactis chief executive designate Tim Sykes, his chairman and one other director have together bought £175,000 of shares in the spend-control software company, as the company continues its search for a full-time CEO.
Snapchat parent to list on NYSE main board, reports say
Snap, the parent company of social media phenomenon Snapchat, has confirmed it plans an initial public offer on the main on the New York Stock Exchange rather than Nasdaq, in a flotation that could arrive as soon as March.
US open: Dow slips past 20k following Trump's travel ban
Following President Donald Trump’s travel ban for arrivals from seven predominantly Muslim countries, US equity markets were on the back foot on Monday as the Dow slipped past the 20,000 mark, the milestone it passed just last week.
FTSE 250 movers: Aggreko leads mid-caps retreat
Along with their larger peers London's mid-cap stocks were on the back foot on Monday, with the FTSE 250 index down 0. 6%, led by Aggreko and Booker.
US dollar headed higher, Morgan Stanley says
The US dollar was likely headed higher as a result of the easier fiscal policy which the new US administration appeared to have in mind, Morgan Stanley said.
Vast Resources partially offloads Zimbabwe mines
Romania and Zimbabwe-focused mining company Vast Resources announced on Monday that it has secured a loan facility and signed a conditional agreement for the partial disposal of a non-controlling interest in its Pickstone-Peerless Gold Mine and Giant Gold Mine, providing gross proceeds of $8m, primarily to advance the company's core activities in Romania.
WS Atkins climbs despite silence over CH2M talk
Although its shares climbed steadily on Monday, engineer WS Atkins has refused to comment on reports that it has been approached by US peer CH2M Hill over a possible $4bn merger.