Market Pulse
Commodities: Crude oil, iron ore futures retreat ahead of Fed meeting
Commodities were unloved on Tuesday as risk aversion set in ahead of the US central bank policy meeting on the next day and after a negative market reaction to the latest decision and outlook from Japan's rate-setters.
US close: Stocks end mostly lower as oil slides and investors eye Fed
US stocks ended mostly lower on Tuesday as oil prices slid and investors digested mixed economic data a day before the Federal Reserve’s rate announcement.
FX round-up: Pound reels after latest Brexit poll, Brazilian real down
An ORB survey conducted on behalf of The Daily Telegraph sent the pound reeling against the other major currencies on Tuesday.
Sector movers: Antofagasta crushed after company abandons dividend
Miners came under renewed selling pressure as iron ore futures continued to come off the boil and ahead of the US central bank's policy meeting the next day, with the Bank of Japan's decision overnight to keep its policy settings unchanged - instead of delivering further stimulus - and weak US data weighing further on sentiment.
Europe close: Stocks close lower as fresh US data arrives
European stocks closed in the red on Tuesday as investors sifted through US consumer sales and manufacturing data, while basic resources were under the cosh.
Tuesday broker round-up
Virgin Money: Goldman Sachs reiterates neutral with a target price of 450p and Berenberg stays at hold with a 400p target.
Instem wins two more SEND orders for Submit platform
Instem has won a pair of contracts for its Submit software platform, which helps the drug development industry comply with the US regulator's new data initiative.
US open: Stocks slide as oil prices decline, US retail sales fall
US stocks were on the back foot on Tuesday as oil prices slid and data revealed a decline in US retail sales in February.
Eurostar passenger numbers flat, profits slide
High-speed train operator Eurostar saw passenger numbers stay flat in 2015, and profits drop by more than £20m, with the company blaming a sharp drop in patronage after the Paris terrorist attacks in November.
Director dealings: Anglo's Cutifani dips in, Mills's takes more profits at Gleeson
Mark Cutifani, chief executive of Anglo American, has spent £220,000 buying shares in the troubled mining company.
Schroders equities trader pleads guilty to insider trading
Former Schroders Investment Management equities trader Damian Clarke has pleaded guilty to nine counts of insider trading and will be sentenced in June.
SFO closes FX rigging investigation
The Serious Fraud Office has closed its investigation into allegations of price rigging in the foreign exchange market due to a lack of evidence.
FTSE 100 movers: RBS up on job cuts, miners suffer
The FTSE 100 was in the red in afternoon trading on Tuesday, off the back of lower oil prices and predictions from OPEC that global demand for the cartel's crude would be less than previously expected in 2016.
FTSE 250 movers: Tullow slumps as oil drops; Hastings gains on results
London’s FTSE 250 index was down 0. 3% to 16,635. 32 at 1410 GMT, tracking broader weakness in the market as oil prices declined and investors looked ahead to rate decisions this week from the Bank of England and the Federal Reserve.
Tuesday newspaper share tips: Fever-Tree, John Laing Infrastructure Fund
Business is booming at Fever-Tree and there is room for further growth, but trading on 40 times' this year's earnings the valuation looks toppy, The Times's Tempus said.
Coffee pods make their way into inflation basket
Britain’s love affair with coffee was apparent in the latest changes to the basket of goods and services used by the Office for National Statistics to calculate inflation.
RBS boosted by Goldman Sachs upgrade to 'buy'
Royal Bank of Scotland got a boost as Goldman Sachs upped the stock to ‘buy’ from ‘neutral’ and added it to its Conviction List.
ProPhotonix back in black as forex boosts margins
LED lighting and laser designer ProPhotonix posted it first ever profit in more than a decade thanks to the effect of the same currency fluctuations which had led to revenues declining.
Falling US retail sales spark concern after January revised down
US retail sales fell by less than expected in February and, coming as January's data was revised down into negative territory, economists said this added another reason for the Federal Reserve to hold off from raising interest rates.
Empire state factory index positive for first time since July
Business conditions in the New York region improved more than expected in March, according to a survey from the New York Fed.