Market Pulse
US close: Stocks struggle for direction, amid mixed data
US stocks struggled for direction on Thursday, as investors digested a raft of mixed economic data.
Citi says Glencore is both solvent and liquid
Investors´ worries that Glencore´s need for financial liquidity might drive it towards the brink of bankruptcy - or worse - were wide of the mark, one of the world´s largest brokers said.
Bonds: Selling abates in Glencore debt
These were the movements in some of the most widely followed 10-year sovereign bond yields:.
Fed rate rise could be a mistake, El-Erian says
The recovery in the US economy is not strong enough to pull the economy along alone, one of the world´s most reputed economic commentators said on Thursday evening.
US economy slowed down sharply in the third quarter
The US economy slowed down sharply in the third quarter, according to one widely-followed real time gauge of economic activity.
Sector movers: Oil and gas stocks lead London market higher
Oil and gas and mining stocks ensured Thursday trading in London ended on a marginally positive note.
Market overview: US growth may not be strong enough, El Erian says
1630:Close The Footsie finished the session slightly higher, led by gains in shares of the LSE following a broker upgrade on rival Deutsche Boerse. Oil and select comodity stocks also saw a bid on the back of a slightly stronger than expected reading on the state of China´s manufacturing sector. Macquarie waded in with somewhat positive comments on the outlook for copper and oil prices. Critically perhaps, in the afternoon Mohammed El-Erian warned on CNCB that economic growth in the US may not be sufficient to compensate for weakness in other regions of the world.
Commodities: Base metals, oil futures post uptick as China slowdown fears ease
Oil and base metal futures registered upticks on Thursday as fears of an economic slowdown in China eased up, while gold was broadly flat in Europe.
FX Roundup: Dollar retreats ahead of crucial jobs data
The dollar retreated to yet lower levels against a basket of global currencies on Thursday, while the pound sterling registered decent gains in European trading.
London close: Stocks finish up after slate of factory PMIs
The FTSE ended on a positive note but off its best levels of the day as investors sifted through a batch of manufacturing data in the UK, China and the US.
Worldpay's bookbuild said to be underway
Worldpay’s bookbuild for its London Stock Exchange flotation is underway, a bookrunner told Reuters on Thursday.
Europe close: Stocks reverse early gains to end lower as telecoms weigh
European equity markets reversed early gains to end lower amid weakness in the telecommunications sector.
Broker tips: WizzAir, Pearson, Glencore
Thanks to its high profitability and niche position low-cost carrier Wizz Air is in a favourable position to weather increased competition and stands to benefit from the turbulence which some of its competitors have run into, analysts at HSBC said.
Australia bubble about to burst - RBS
RBS believes Australia's bubble may be about to burst as it's exposed to China’s slowdown.
Glencore director backs company to the tune of nearly half a million pounds
Glencore nearly bounced to pre-slump levels on Thursday, and director John Mack showed investors he’s still backing the mining company.
An October rate rise is possible, Fed´s Lacker says
The US central bank risks falling 'behind the curve' a top official said on Thursday, pointing to the acceleration seen in household consumption over the last year.
Friday preview: US non-farm payrolls to dominate headlines
The US non-farm payrolls report on Friday will be under the microscope as the Federal Reserve looks for signs of improvement in the labour market before raising interest rates.
Macquarie expects copper and oil prices to improve next year
Demand forecasts were continuing to come down on the back of slower global growth and weaker industrial production.
FTSE 250 movers: Tullow Oil rockets, but BBA Aviation crashes on broker downgrade
London’s FTSE 250 index was up 0. 7% to 16,791. 70 at 1525 BST on Thursday, as the broader market bounced back from recent losses and got a boost from better-than-expected UK manufacturing data.
Secure Property Developments appoints new chair
John Townsend has been appointed chairman of Secure Property Developments, the AIM-listed company announced on Thursday.