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FX round-up: Sterling up amid potential volatility of Brexit, Scotland independence, Fed and BoE
Sterling turned in a positive performance on key crosses against a potentially volatile political-economic fabric this week of Brexit, a possible Scotland independence ballot and rate calls by the UK and US central banks.
Bonds: Gilts underperform on speculation around second Scottish referendum
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Europe close: Stocks up as Dutch far-right party retreats in polls
European equity markets were slightly higher on Monday as investors looked to the Dutch elections, while oil prices continued to fall.
Downing St delays Article 50 trigger beyond this week
Prime Minister Theresa May will not activate Article 50 of the Lisbon Treaty this week, according to reports.
London close: FTSE rises on miners as Brexit, Fed, BoE and Scottish referendum figure
Shares in London ended their tentative Monday session on a modestly positive note with rising metals prices helping the heavyweight mining sector and FTSE 100 higher.
Mercantile makes solid progress with Navi Mumbai port project
Mercantile Ports and Logistics and its wholly owned subsidiary M/s. Karanja Terminal and Logistics updated the market on their progress developing a modern port and logistics facility in Navi Mumbai, India, and announced the signing of a memorandum of understanding with an unnamed publicly listed international construction company on Monday.
Commodities: Crude mixed after Kuwait confirms great Opec compliance with output pledge
Crude-oil futures are trading off their early session lows to be mildly mixed late in the afternoon, thanks to a Kuwait official confirming Opec members' increasing compliance with output pledges made last year to ease global oversupply.
Director dealings: Direct Line CFO dips in
Direct Line chief financial officer John Reizenstein's wife has picked up some shares in the motor insurer after its results put a dent in the share price.
Sector movers: M&A boosts oilfield services, JP Morgan upgrades miners
Stock in Amec Foster Wheeler pushed the oil equipment and services sector to the fore after agreeing to an all-share offer from rival Wood Group valued at £2. 2bn.
Premaith Health embarking on product knowledge tour
International molecular diagnostics group Premaitha Health announced on Monday that it would be attending a series of “key” international fetal medicine and OB/GYN events during March to broaden awareness of its IONA test product.
Indivior firms schizophrenia drug plans after trial results
Indivior said it expected to file a new drug application for its one-monthly schizophrenia treatment after getting positive results from recent clinical trials.
ITM Power makes further progress with hydrogen refuelling stations
Energy storage and clean fuel company ITM Power updated the market on its progress in providing hydrogen refuelling stations in the UK on Monday.
New discoveries see Sunrise Resources expand CS Project
Diversified mineral exploration and development company Sunrise Resources advised the market of the expansion of its CS Project on Monday, following the discovery of new zones of natural pozzolan and perlite.
VinaLand buys back another tranche of shares
VinaLand continued its share buyback programme on Monday, announcing that it purchased 2,470,000 ordinary shares of $0. 01 each at an average price of $0. 694 per share on 10 March.
Concha shares slide as Ve Interactive fiasco continues
Concha shares were on a slippery slope on Monday, after the technology investor confirmed it was looking at a proposed restructuring of its primary investment Ve Interactive.
Small cap news round-up
Following a share buy-back by an Australian miner, AIM-listed explorer Red Rock Resources has received £537,131($655,874).
Amec Foster Wheeler surges on Wood Group deal
Shares in Amec Foster Wheeler surged on Monday as it agreed the terms of an all-share offer from oilfield services company Wood Group that values the engineer at around £2. 2bn.
US open: Stocks little changed as investors price in rate hike
US equity markets were little changed on Monday as investors priced-in expectations of Federal Reserve interest hike this week, while oil prices continued their descent.
Asda to bump up staff pay with new 'flexible' contracts
Supermarket group Asda has offered all of its 135,000 store staff a pay increase to £8. 50 an hour from October as part of a new contract.
Comment: Focus on 'dot plot' as Fed prepares to hike rates
By Ipek Ozkardeskaya, London Capital Group .