Market Pulse
Bonds: Gilts jump ahead of ECB, US jobs report
These were the movements in the most widely followed longer-term sovereign bond yields:.
US close: Stocks end higher as investors shrug off disappointing manufacturing data
US stocks ended the first trading day of December on a positive note as investors shrugged off disappointing manufacturing data.
Istanbul subway trains halted after possible explosion
Train service at an Istanbul subway station in the Bayrampasa district was halted following a loud noise, the news came alongside initial local media reports of an explosion, according to Reuters.
Ryanair takes Google and eDreams to High Court
Ryanair has taken Google and 'screen-scraper' website eDreams to court in London, alleging the search engine was allowing "non-existent fares" to be advertised that it said misled consumers and resulted in inflated fares.
Sector movers: Banking, resource stocks pull London Market higher
Banking and natural resource stocks pulled the London market higher on Tuesday, on the back of modest upticks in commodity prices and the Bank of England giving UK banks a clean bill of health.
Commodities: Oil heads sideways, metals continue recovery
Oil futures headed sideways on Tuesday, while most metal futures maintained upward momentum in European trading.
Excessive yuan weakness after SDR inclusion is capped, UBS says
The decision by the International Monetary Fund to include the chinese yuan in the basket of currencies that make up its so-called ‘special drawing rights’ will not lead to immediate compulsory buying of the yuan nor to an immediate and significant depreciation, economists at UBS said.
Anadarko Petroleum ordered to pay fine over 2010 Gulf of Mexico disaster
Anadarko Petroleum Corp has been ordered by a US court to pay a $159. 5m civil fine due to its stake in the Deepwater Horizon oil rig which exploded causing 2010 Gulf of Mexico disaster.
Oil and gas M&A uptick likely in 2016, says Fitch exec
The pace of mergers and acquisitions in the oil and gas sector is likely to pick up towards the latter half of 2016, according to Alex Griffiths, Managing Director and Head of Natural Resources and Commodities (EMEA) at Fitch Ratings.
Market overview: Barclays and Petra Diamonds lead gains
1630:Close Barclays led gains on the Footsie after the Bank of England said the lender had successfully passed its latest round of stress tests. Petra Diamonds paced advancers on the second tier index after two groups of lenders waived tests linked to the company's debt covenants. That came amid weaker than expected prints for manufacturing sector PMIs in the UK and US, alongside mixed readings out of China. At 52. 8, the Eurozone's own PMI was in line with economists' forecasts.
Europe close: Stocks edge lower amid deluge of economic data
European equity markets slid on Tuesday, as investors analysed a raft of economic reports amid growing expectations that the European Central Bank will announce additional stimulus measures on Thursday.
London close: Equities close higher on rally in banking stocks
The FTSE 100 closed up 39. 56 points to 6,395. 65, lifted by the banking sector after Britain’s biggest lenders passed the Bank of England’s stress tests.
Babcock and Scapa directors lose millions in share awards to tax obligations
Babcock International Group’s directors all saw their net worth go up on Tuesday, however it was hit slightly due to tax obligations.
Oil and gas sector in for "more pain", says BofAML executive
The oil and gas industry is in for a “lot more pain” in 2016, according to Julian Mylchreest, Global Head of Energy at Bank of America Merrill Lynch.
Wednesday preview: Eurozone inflation due, Greene King and Zoopla report
Eurozone inflation may have improved in November compared to a year ago, according to analysts’ forecasts ahead of consumer price index data on Wednesday.
Johnston Press reorganises with central editorial team
Johnston Press has appointed an editor-in-chief and created two publishing director positions as part of the local newspapers group's editorial restructuring process to “shift focus away from traditional geographic reporting lines”.
FTSE 100 movers: Banks lead the charge after stress test results
The FTSE 100 was in the black on Tuesday, sitting at 6,379. 33, up 23. 24 points (0. 37%) by mid-afternoon.
FX Roundup: Dollar falls on poor ISM, manufacturing data
The dollar fell against a basket of global currencies on Tuesday, after the US ISM manufacturing index in November declined to its lowest level since July 2009.
Results round-up
Exhibition and conference organiser ITE Group reported a drop in full year pre-tax profit and revenue due to difficult trading in Russia and central Asia.
Cordons lifted at Portland Place near BBC after security scare
The cordon on Portland Place near the BBC has been lifted after earlier reports of a 'suspicious vehicle'.