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Market Pulse
16 Jun
wall street
US close: Telecoms help stocks break losing streak

US stocks snapped their five day losing streak on Thursday, with the major indices led higher by telecoms.

16 Jun
yellen fed marzo
Bonds: Gilts dragged higher by rising global tide in prices

These were the movements in the most widely-followed 10-year sovereign note yields:.

16 Jun
jo cox
UK lawmaker dies from wounds after attack by gunman

Labour MP Jo Cox has died after being shot in her Yorkshire constituency on Thursday, police said.

16 Jun
Poundland, retail
Thursday newspaper share tips: Poundland and Berkeley Group

South African retail conglomerate Steinhoff can certainly afford to pony up with the dosh to buy Poundland, but the Financial Times' Lex column ponders the purpose of such a deal.

16 Jun
Bank of England, BoE, banking, financial services, money, City, London
FX round-up: Caution hangs over sterling amid welter of central-bank rates calls

A pall of caution hung over sterling as investors headed for yen and Swiss franc safety over the British unit and amid a welter of central banks staying put on policy interest rates over the past 24 hours.

16 Jun
union-europea-banderas
Europe close: Stocks slide in reaction to BoJ, Fed decisions

European stocks fell on Thursday after the Federal Reserve and the Bank of Japan stood pat on policy, amid ongoing concerns about Brexit.

16 Jun
london
London close: Stocks fall as BoE warns on Brexit

London stocks fell on Thursday as the Bank of England kept policy unchanged and warned that a possible Brexit may hurt the economy.

16 Jun
libra pound 630
Director dealings: Servelec's non-exec dips in after profit warning

Senior Servelec Group director Roger McDowell has shown his support for the company's prospects after the technology and software group warned on profits on Wednesday.

16 Jun
edgar test 10
Canaccord downgrades Charles Stanley to hold, slashes target

Cannacord Genuity lowered its target price on the shares of Charles Stanley and lowered its recommendation from 'buy' to 'hold' after the broker announced it would likely take between 12 to 18 months longer than originally anticipated (by the year to 31 March 2020) to reach its target of 15. 0% for operating margins.

16 Jun
barrel
Many reasons why oil has barrelled south, says analyst

With oil prices having barrelled 10% down from their 2016 high, Accendo Markets suggested a "non-exhaustive" list of around a dozen likely reasons, including the strong dollar, weak sterling as well as supply issues.

16 Jun
Playtech Prestieg routlette gambling gaming online casino
Morgan Stanley sees 50% upside at 'software not gambling company' Playtech

Morgan Stanley set a 1,170p price target for Playtech, offering around 50% upside from current levels, as the FTSE 250 outfit is "a software company not a gambling company".

16 Jun
wall street
US open: Stocks fall after inflation data misses forecasts

US stocks fell on Thursday as investors digested worse-than-expected inflation data and the Federal Reserve’s latest policy decision.

16 Jun
US house USA United States of America housing
NAHB housing market index edges up 2 points

Sentiment among US housebuilders improved a touch in June.

16 Jun
brexit reino unido
Survey shows 79% of hedge funds expect Britain to stay in EU

A survey of 270 Europe-based hedge fund managers carried out earlier this month by alternative assets data and analysis firm Preqin found that 79% believe Britons will remain in the EU, while 14% reckon they will opt to leave.

16 Jun
Ryanair, aircraft, transport, travel
Ryanair refines price packages to attract leisure and business custom

Ryanair has launched a new price packages for business and leisure customers, with the budget carrier offering a choice of three types of fares.

16 Jun
jobless, unemployment, employment, us, usa, america, department of labor
US core consumer prices edge higher in May

The cost of living in the US declined unexpectedly in May, but 'core' measures of prices gained further ground and looked set to continue to accelerate over coming months, belying worries of a weak US economy.

16 Jun
factory, factories, manufacturing, manufacturer
Philly Fed manufacturing index back in positive territory

Manufacturing conditions in the Philadelphia region improved more than expected in June, according to the latest report form the Federal Reserve Bank of Philadelphia.

16 Jun
Housing, housebuilding, homes, construction
Credit Suisse reiterates underperform on Berkeley Group Holdings

Berkeley Group Holdings remains "a very well managed business" but it was not immune to the weakening conditions which were being experienced in the inner London new build housing market, analysts at Credit Suisse said.

16 Jun
Mario Draghi, President of the European Central Bank, ECB
Friday preview: US data, ECB's Draghi speech

The pace is set to slow on Friday, winding down from a busy week that has included policy decisions from the Bank of England, the Federal Reserve and the Bank of Japan.

16 Jun
City workers
Initial jobless claims rise more than expected

The number of Americans filing for unemployment benefits rose more than expected last week, according to the Labor Department.