Market Pulse
UK consumer confidence falls to 26-year low in July due to Brexit
Consumer confidence in the UK fell to its lowest level in 26 years in July, more than analysts' expectations, due to uncertainties surrounding Brexit as Britons became gloomy about the economy.
Braveheart could profit from portfolio company sale
Braveheart Investment Group was forced to respond to a significant increase in its share price on Friday.
Kingfisher to buy back up to GBP35m in shares
B&Q owner Kingfisher announced on Friday that it will buy back shares worth up to £35m to reduce the share capital of the company.
London midday: Stocks fall on earnings, BoJ policy decision
London stocks declined on Friday as investors weighed another batch of corporate earnings and the Bank of Japan’s policy decision.
Microsoft plan 2,850 more layoffs in the next year
Microsoft is bracing for further job cuts as a filing made to the US Securities and Exchange Commission has revealed an additional 2,850 layoffs in the next 12 months.
US pre-open: Stocks seen touch lower ahead of GDP, more earnings
US futures pointed to a flat to marginally weaker open on Wall Street ahead of gross domestic product data and more earnings news.
Eurozone inflation ticks up in July
Inflation in the eurozone came in higher than expected for July, according to a flash estimate by Eurostat.
Asia report: Markets mostly lower after BoJ disappointment
Markets in Asia ended Friday relatively lower, with shares in Japan tumbling immediately after the Bank of Japan eased off appeasing markets in a keenly anticipated decision.
Eurozone unemployment rate steady at 5-year low in June
The eurozone unemployment rate was unchanged in June, according to the latest figures from Eurostat, in line with economists’ expectations.
Eurozone economic growth slows in Q2 as expected
Economic growth in the eurozone slowed in the second quarter, as expected.
Hillary Clinton formally accepts nomination and eyes up rival Trump
The Democratic National Convention reached its climax on Thursday night as Hillary Clinton became the first woman to be nominated to run for president of the United States.
Foxtons' H1 profit falls 42% due to Brexit uncertainty
Half year profits at Foxtons slumped 42. 2% due to Brexit uncertainty and the real estate agent said the market is unlikely to see signs of recovery before the end of the year.
UBM interim profit rises, sees little impact from Brexit
UBM reiterated its trading outlook for the full year on Friday as it posted a rise in first-half pre-tax profit and said it stands to benefit from the stronger dollar.
Indivior lifts guidance as H1 sales rise
FTSE 250 specialty pharmaceuticals firm Indivior lifted its full-year guidance on Friday as it reported a rise in first-half net sales.
Alphabet beats in second quarter earnings report
Alphabet has once again seen quarterly profits rise on the back of strong advertising sales from mobile devices.
Bank of Japan keeps rates steady, ups ETF purchases
The Bank of Japan kept interest rates unchanged at -0. 1% on Friday but said it will increase purchases of exchange-traded funds.
Berendsen earnings improve as board invests in capability
Berendsen posted interim results for the six months to 30 June on Friday, with revenue ahead 7% at £533. 5m, or 3% on an underlying basis.
Amazon posts third successive record-breaking profit
Amazon's star continues to rise as the ecommerce giant posted a third consecutive record-breaking profit in its second quarter results released on Thursday.
Laird revenues up but earnings fall behind in first half
Laird posted its half-year results for the six months to 30 June on Friday, with a 15. 2% increase in revenue to £352. 5m as a result of growth in majority of the business and acquisitions.
Europe open: Stocks edge higher despite BoJ disappointment, amid earnings deluge
European stocks edged higher in early trade despite what was considered by many as a disappointing announcement from the Bank of Japan, as investors sifted through a deluge of earnings.