Market Pulse - Commodities
Wizz Air increases fuel hedging position
Low-cost airline Wizz Air assured investors that it had taken advantage of lower fuel prices over the summer period, slightly softening the blow of the significant increase in fuel prices seen over recent days.
Saudi-led coalition says Iranian weapons used in attack against oil installations
The spokesman of the Saudi-led coalition in Yemen, Turki Al-Maliki, said Iranian weapons were used in the strikes against the Kingdom's oil infrastructure at the weekend.
Drone attacks more than halve Saudi crude oil output
Oil prices are expected to surge higher at the start of the week following an attack by armed drones against the largest crude oil crude-processing installation in the world, at Abqaiq, in Saudi Arabia, at the weekend.
Vaalco Energy to list in London
Texan oil company Vaalco Energy is seeking a secondary listing on the London Stock Exchange.
Jefferies skeptical Yemen rebels responsible for attack on Saudi oil
Analysts at Jefferies sounded a skeptical note on Yemeni Houthi Rebels' claim of responsibility for the drone attack at the weekend against key Saudi oil installations.
Commodities: Lean hog futures snap higher as investors sift through trade news
Commodity prices were little changed going into the weekend as investors sifted carefully through the latest news around the US-China trade war, amid speculation that if the US administration was facing the next presidential elections, then Beijing was under pressure from higher food prices, especially for pork.
Week ahead: US-China trade, UK Parliament in focus
Investors' attention over the coming week will be squarely on the mid-level contacts scheduled between US and Chinese trade officials.
JP Morgan stays at 'neutral' on Pennon due to regulatory and political risks
Analysts at JP Morgan stayed at 'neutral' on shares of UK waste and water group Pennon following its Capital Markets event on Thursday, telling clients that for now regulatory and UK political risks offset the scope for growth in the company's waste unit.
Trump approves drilling in Alaska wildlife refuge
The Trump administration announced on Thursday that it is planning to open a portion of the Arctic National Wildlife Refuge that has been protected for decades to oil and gas drilling.
US pork and soybeans to be exempted from additional China tariffs, says Xinhua
China will exempt some US agricultural imports, such as pork and soybeans, from additional tariffs, according to Chinese state news agency Xinhua.
Bonds: Yields move higher across the board on US-China trade headlines
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Chinese buyers purchase US soybeans and pork - Reuters
Private Chinese firms purchased the most soybeans in over a year on Thursday, ahead of mid-level talks between US and Chinese trade officials scheduled for the following week.
London close: UK stocks underperform despite dovish ECB and positive trade news
London stocks underperformed despite another round of monetary stimulus from the European Central Bank - albeit accompanied this time by a very explicit call for fiscal stimulus in the euro area - and apparent signs that trade tensions between the US and China were easing.
Brent futures dip as OPEC+ fails to agree to deeper or more prolonged output curbs
Oil prices were under pressure late on Thursday after the Organisation of Petroleum Exporting Countries and its allies failed to commit to deeper or more prolonged production curbs by its members.
JP Morgan still cautious on miners, unless they dig for gold (or silver)
Miners' shares were not without their attractions, but the multiple sources of uncertainty on the investment horizon argued in favour of caution in the fourth quarter, analysts at JP Morgan said - except in the case of gold.
France to block Facebook's Libra on European soil
French Finance Minister Bruno Le Maire said Thursday that he would block the development of Facebook’s proposed cryptocurrency libra in Europe, saying that it would put the sovereignty of governments at risk.
Hurricane Energy 'delighted' with test results from Lincoln Crestal well
Oil and gas explorer Hurricane Energy was "delighted" to reveal that it had recorded a maximum stable flowrate of 9,800 barrels of oil per day during testing at its Lincoln Crestal well, off the west coast of the Shetland Islands.
Trade deal 'possible' if Washington also makes concessions, SCMP says
One well-placed local observer in Beijing put the odds of the US and China agreeing a trade deal in November at roughly two thirds, but said that Washington needed to lower its demands a bit as some of them were seen as the Communist party would see them as forfeiting sovereignty and humiliating the nation.
Cannaccord Genuity stays at 'speculative buy' on Petropavlovsk
Cannacord Genuity reiterated its 'speculative buy' recommendation for shares of Petropavlovsk ahead of the miner's Capital Markets Day, telling clients that the company's latest interims showed that its operational and financial recovery was continuing.
Deutsche Bank reiterates 'sell' for Antofagasta on outlook for soft copper prices
Analysts at Deutsche Bank reiterated their 'sell' stance and 820. 0p target price on shares of Antofagasta after attending a roundtable with its chief executive officer.