Market Pulse
FX round-up: Yen charges higher on sterling, dollar after BoJ policy
Japan's yen was salient late on Friday, marching up to near three-week highs on the dollar and sterling as Bank of Japan (BoJ) earlier failed to deliver on market expectations for a policy 'bazooka'.
Gaming Realms raises £2.5m through admission of 12.5m shares
Online gaming company Gaming Realms raised about £2. 5m through a subscription of 12. 5m new ordinary shares of 10p each at a price of 20p per share.
Mortgage approvals fall in June, but consumer lending rises, says BoE
Mortgage approvals fell in the run-up to the EU referendum in June, below expectations, according to the Bank of England on Friday, but lending to consumers increased.
SABMiller board backs AB InBev offer after China gives deal final clearance
Belgian brewer Anheuser-Busch InBev’s improved takeover offer of SABMiller has been back by the FTSE 100 company's board after it was given clearance by China’s Ministry of Commerce.
Europe close: Stocks edge higher as investors wade through earnings
European stocks edged higher on Friday as investors mulled over a disappointing policy announcement from the Bank of Japan, a deluge of earnings and a series of data points.
London close: FTSE ends higher, led by Barclays
UK stocks ended slightly higher on Friday as well-received corporate results from Barclays offset a slump in commodity producers.
Canaccord cuts Acacia Mining to 'sell' from 'hold'
Acacia Mining was under the cosh on Friday after Canaccord Genuity cut its rating on the stock to 'sell' from 'hold' but lifted the target price to 505p from 495p.
Statoil buys 66% of Petrobas' Brazil oil licence for $2.5bn
Oil company Statoil ASA will buy 66% of Petrobas’ interest in the BM-S-8 offshore licence in Brazil’s Santon basin for $2. 5bn.
Thor Mining's projects could lead to gold and tungsten mineralisation
Australia's Thor Mining plans to drill near its Molyhil mine in the Northern Territory, which could lead to tungsten mineralisation, in one of many new projects for the AIM-listed company.
Coventry Building Society grows savings and mortgage business
Coventry Building Society issued its interim numbers for the six months to 30 June on Friday, reporting record mortgage performance - mortgage assets were up 9% on June 2015 following advances of £4. 8bn and net lending of £2. 0bn for the first half of 2016.
Commodities: Crude careens to lows on glut fears as gold surges
Crude oil futures are firmly under the hammer as West Texas Intermediate (WTI) prices careen to three-month lows on global glut fears, while gold again shot up on dollar weakness and its safe-haven appeal.
US open: Stocks mostly lower after GDP misses forecasts
US stocks were mostly lower on Friday as official data showed the nation’s economy grew much less than expected in the second quarter.
US consumer sentiment slips in July
Consumer sentiment in the US deteriorated a touch more than expected in July amid concerns about the UK’s vote to leave the European Union.
Chicago PMI declines less than expected in July
Economic activity in the Chicago area deteriorated less than expected in July.
US Q2 economic growth much weaker than expected
The US economy grew much less than expected in the second quarter, according to preliminary data released by the Commerce Department on Friday.
Sylvania reaches record production in fourth quarter
Low-cost platinum group metal processor and developer Sylvania Platinum announced its results for the quarter ended 30 June on Friday, from its production and development operations in the Bushveld region of South Africa.
Week ahead: BoE policy decision and Inflation Report in focus
The Bank of England is widely expected to cut interest rates for the first time in seven years next week as the central bank assesses the fallout of Brexit.
Apple's tax dealings in Ireland "obviously deficient" - Stiglitz
Nobel laureate Joseph Stiglitz has blasted the tax practices of tech giant Apple, telling Bloomberg TV that the US law that allows the company to hold cash abroad is "obviously deficient".
Hinkley Point decision unexpectedly postponed until autumn
The government unexpectedly postponed giving the go-ahead to build the UK’s first nuclear power plant in 20 years on Thursday.
Europe midday: Stocks nudge up amid earnings avalanche, BoJ disappointment
European stocks edged higher on Friday as investors mulled over a disappointing policy announcement from the Bank of Japan, a deluge of earnings and a series of data points.