Market Pulse
Analysts react to US jobs report: Unicredit still sees December rate hike
"Especially sobering about this report is just when the Fed had been increasingly shifting attention towards slowing inflation metrics under the assumption that labour market metrics will continue improving, this happens. The door to Fed lift-off has been shut beyond Q1 2016 as the extended weakness in the world's biggest buyer of commodities, combined with the erosion of the “Gulf Nations' Put” as well as the decline in EM FX reserves is a defacto tightening of equity and bond markets.
FTSE 100 movers: Banks rise after PPI deadline proposed; Experian falls after hack
After a strong start to the day, the FTSE drastically dropped back to 6,080. 75 mid-afternoon, up 8. 28 points (0. 14%).
Colin Stone to step down as finance director from Safeland, Safestay
Colin Stone will step down as finance director from property companies Safeland and Safestay with effect from 13 November.
FTSE 250 movers: Paragon surges on acquisition; DS Smith drops on downgrade
London’s FTSE 250 was down 0. 3% to 16,713. 91 as markets nudged lower following the release of weaker-than-expected US non-farm payrolls.
US labour market cools sharply in September
The US labour market slowed down markedly in September and gains for the prior month were revised lower.
Secure Income REIT completes refinancing
Secure Income REIT announced the completion of £903m of new financing arrangements.
Premaitha Health signs distribution deal for Greece
Premaitha Health has signed a distribution agreement with Greece-based Antisel to provide its IONA test to clinical laboratories in the country.
Entu completes disposal of loss-making kitchen retail operation
Home improvement group Entu has successfully completed the disposal of its loss-making kitchen retail operation, Norwood Interiors, to David Hole and Mark Blayney of GPS Capital for a nominal sum of £1.
Friday newspaper share tips: Mixed views on Cranswick
Cranswick was on the plate on Friday as hungry newspaper tippers eyed up what to do with Britain’s largest sausage producer.
Intermediate Capital Group names new committee chairman
Kathryn Purves will succeed Kevin Parry as the chairman of Intermediate Capital Group’s risk committee, the investment firm said on Friday.
SDL founder and CEO Mark Lancaster steps down
SDL’s founder and chief executive officer Mark Lancaster will step down from the board and his role as CEO with immediate effect and will be leaving the company at the end of the month.
US pre-open: Futures edge higher ahead of non-farm payrolls report
US stock futures edged higher on Friday, ahead of a reading on non-farm payrolls, which could pave the way for an interest rate hike by the Federal Reserve.
Obama makes passionate plea over gun control
US President Barack Obama has made a passionate plea to have America’s gun control laws changed.
London midday: Stocks rise after UK construction PMI, before US non-farm payrolls
London stocks gained after data showed UK construction activity improved more than expected in September and before the release of the US non-farm payrolls report.
AFH appoints two new executive directors
Investment management firm AFH Financial Group has appointed Alexis James and Austin Broad to the board as executive directors.
Europe midday: Stocks rise as investors eye non-farm payrolls for rate hike clues
European stocks posted healthy gains as investors looked to the release of the US nonfarm payrolls report for further clues on the timing of a rate hike by the Federal Reserve.
Asia: Equity markets end week on a mixed note, as worries over China persist
Asian stocks ended the week on a mixed note, as investors remained jittery ahead of the US non-farm payrolls report that might shed light over the timing of the first interest rates hike by the Federal Reserve.
Aquarius Platinum surges after receiving approval to complete Everest Mine sale
Mine developer Aquarius Platinum has received the green light to complete the second part of the sale of its Evererst Mine and processing infrastructure properties in South Africa.
Government announces 80m pound package for SSI Redcar steel workers
The government has announced a financial package of up to £80m to support SSI steel workers at the Redcar plant in Teesside.
Zac Goldsmith named Conservative candidate for London mayor
Richmond Park and North Kingston MP Zac Goldsmith has been named as the Conservative candidate for London Mayor.