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Week ahead: US non-farm payrolls, global factory PMIs
All eyes over the coming week will be on the US jobs report for August which is scheduled for release at the end of the week.
Europe close: Stocks fall after hawkish Fed chief's speech
European markets fell into the red at the end of the week after US Federal Reserve chairman Jerome Powell's sounded a hawkish note in his speech at the Jackson Hole economic symposium.
London close: Stocks in the red after hawkish Powell speech
London stocks closed below the waterline on Friday, as investors digested a hawkish speech from US Fed chair Jerome Powell at Jackson Hole, while it was confirmed earlier that energy bills in the UK would be near-doubling come October.
Weekly review
The FTSE 100 ended the week down 123. 06 points, closing at 7,427. 31 on Friday.
US open: Stocks fall on the back of 'hawkish' Powell speech
Stocks slumped, the dollar was down and Treasuries were steady after a speech from the head of the US Federal Reserve that top-ranked economist Ian Shepherdson said left "nothing for the doves" - although there was perhaps "one glimmer of hope".
Citi puts GSK on 'positive catalyst watch', cites Zantac litigation developments
Citigroup put pharmaceuticals company GlaxoSmithKline on "positive catalyst watch" on Friday as it pointed to legal developments related to the company’s now-discontinued Zantac heartburn drug.
US consumer confidence rises past forecasts in August, University of Michigan says
Consumer confidence in the US picked up more strongly than first thought in August, led by an improved outlook for the economy one-year ahead, the results of a closely-followed survey revealed.
FTSE 250 movers: Micro Focus surges on OpenText offer
The FTSE 250 was up 0. 33% at 19,320. 57 at 1515 BST.
Efforts to lower inflation likely to bring 'some pain', Fed's Powell says
Efforts to bring down inflation would likely cause "some pain" to the economy but not doing so would entail even greater pain, the head of the US central bank said.
US visible trade deficit sees sharp and unexpected narrowing in July
America's shortfall on trade in goods with the rest of the world narrowed sharply last month, amid a large and unexpected drop in purchases from overseas.
US personal income and spending growth slows more than expected in July, prices dip
Personal incomes and spending in the US grew more slowly than anticipated last month in nominal terms, while prices dipped unexpectedly.
FTSE 100 movers: Miners gain; IHG hit by downgrade
London’s FTSE 100 was flat at 7,478. 90 in afternoon trade on Friday.
US pre-open: Futures drift slightly lower ahead of Powell speech
Wall Street equity futures are pointing to a slightly lower start to trading ahead of Federal Reserve chairman Jerome Powell's speech at Jackson Hole.
Broker tips: GSK, IHG, 888
Citigroup put pharmaceuticals company GlaxoSmithKline on "positive catalyst watch" on Friday as it pointed to legal developments related to the company’s now-discontinued Zantac heartburn drug.
Director dealings: Tesco non-exec spends $45k on ADRs
Tesco shares were in the red on Friday afternoon, even after a non-executive director bought more than $45,000 of the retail giant’s American depositary receipts.
Net operating income set to come in lower for i3 Energy
UK and Canada-focussed oil and gas company i3 Energy reported “strong” average second-quarter production in a trading update on Friday, of around 19,502 barrels of oil equivalent per day, although it downgraded its net operating income forecast for the year.
Anexo Group adds new finance chief to its board
Specialist integrated credit hire and legal services provider Anexo Group updated the market on the appointment of Mark Fryer as chief financial officer on Friday, which it first announced on 26 July.
Appreciate Group elevates Julian Coghlan to interim CEO
Multi-retailer redemption product provider Appreciate Group announced the appointment of Julian Coghlan as interim chief executive officer to its board on Friday, reporting to executive chairman Guy Parsons.
Alumasc offloads Levolux in £1m-plus-£1 deal
Building products and systems company Alumasc has sold Levolux to Talrus, a company associated with private investor Rcapital Partners, it announced on Friday.
London midday: Stocks pare gains ahead of Powell speech
London stocks had pared earlier gains by midday on Friday as investors eyed a speech by US Federal Reserve chair Jerome Powell at the Jackson Hole symposium, and as the latest energy price hike piled yet more misery on UK households.