Market Pulse
US consumer prices edge lower in April, as expected
The cost of living in the US increased slightly more quickly than expected in April in comparison to the month before but dipped versus the same period one year ago, as expected.
US pre-open: Stock futures struggle for direction ahead of US inflation
US stock futures struggled for direction on Tuesday as oil prices wavered and traders awaited inflation data.
Premier Food extends confident medium-term growth target
Premier Food said it expects to deliver sales growth of 2-4% in the coming year and in the medium term, after full year results were boosted by improved sales momentum in the fourth quarter.
Europe midday: Stocks hold higher ahead of US CPI data
European stocks were on the front foot on Tuesday as they returned from their long weekend break and played catch up after Monday's gains, with traders focused on the latest US CPI data due for release later in the session.
Capco pre-lets 60% of Kings Court development
London property company Capital & Counties (Capco) announced on Tuesday that it has signed a significant pre-let, following serious demand for its Kings Court development in Covent Garden.
London midday: Stocks rise despite slowdown in UK inflation
London stocks rose on Tuesday as investors shrugged off a worse-than-expected slowdown in UK inflation.
UBS downgrades Halma on valuation grounds
UBS has downgraded Halma to 'sell' from 'neutral' with the health and safety technology group's shares tottering at 25-year highs and at a 49% premium to the engineering sector.
ONS confirms UK house prices spike in March, softening seen since
UK house price growth accelerated to 9. 0% in March compared to the previous year, according to official data, mostly due to the surge in demand for second homes ahead of an increase in buy-to-let stamp duty.
Asia report: Oil, Wall Street lead region higher
Most Asian markets advanced on Tuesday, following Wall Street’s lead overnight and taking cues from rising oil prices.
IMF pushes for deep restructuring of Greek debt
The world’s watchdog for stability in countries’ external finances pushed for a large reduction in Greece’s loan obligations last week.
Canaccord reiterates 'buy' for Taylor Wimpey after dividend enhancements
Canaccord Genuity reiterated a ‘buy’ rating and target price of 210p for Taylor Wimpey on Tuesday after the housebuilder announced enhancements to its dividend policy.
Mortgage lending revisits 2007 peak thanks to buy-to-let spike
British house purchase lending spiked 60% higher in March on an monthly and annual basis as investors rushed to beat the buy-to-let stamp duty increase in April.
Taylor Wimpey unveils bumper new dividend policy
Taylor Wimpey unveiled an improved new dividend policy that includes an upgraded ordinary dividend and a special dividend of £300m to be paid in July 2017.
Europe open: Dax plays catch-up after holidays
European stocks were on the front foot on Tuesday as they returned from their long weekend break and played catch up after Monday's gains.
London open: Stocks gain ahead of UK inflation data
London stocks rallied on Tuesday as oil prices gained and investors awaited the release of UK inflation figures.
Vodafone returns to growth and beats forecasts
A strong performance in the fourth quarter helped Vodafone return to annual organic growth for the first time in eight years, with the final dividend also hiked 2% to celebrate completing its Project Spring investment programme.
John Laing Infrastructure boosts growth with Barcelona metro investment
Helped by a first investment in Spain, John Laing Infrastructure Fund enjoyed a 13% increase in its net asset value (NAV) in the first quarter of the year and said it had a strong pipeline of assets to continue its investment plans.
Greencore warms up revenue, earnings in first half
International convenience food business Greencore Group reported an 8. 1% jump in group revenue in its half-year report on Tuesday, to £691. 6m.
Lookers posts first quarter growth across the business
Motor retail and aftersales service company Lookers issued its first quarter trading update on Monday, and described its start to the year as strong with continued improvements across the business.
London pre-open: CPI inflation in focus on both sides of the Pond
London's top flight index is being called to start the day slightly higher ahead of the release of consumer price inflation data on both sides of the Pond later this afternoon, as markets continue to try and second-guess when the the US central should and will tighten policy again.