Market Pulse
Week ahead: UK claimant count, retail sales data in focus
Investors in Sterling assets will be treated to a barrage of economic data in the coming week, including some of the first data points referencing the period of time post the referendum vote, although recent moves by the BoE and speculation surrounding an upcoming boost from fiscal spending might limit any reactions.
Chinese yuan in-line with fundamentals, challenges ahead, IMF says
China was making progress on re-balancing its economy towards domestic sources of demand and consumption and away from exports and investment, but much still remained to be done, the International Monetary Fund concluded in its latest annual review of the economy.
Friday newspaper share tips: RBS, StanChart, Aldermore
Groucho Marx's warning not to be fooled if a man looked and talked like an idiot (he really was one) may have rung in the ears of investors in lenders' so-called 'co-co' bonds during the first quarter, the Financial Times's Lex column mused.
Nationwide to pass on BoE base rate cut to some mortgage customers
Building society Nationwide will pass on the interest rate cut from the Bank of England (BoE) to its tracker and other mortgage customers.
London close: Stocks finish flat after uninspiring data
London stocks finished broadly flat on Friday following a batch of uninspiring economic data including reports on UK construction, eurozone gross domestic product and US retail sales.
New apprenticeship tax levy criticised by businesses
Business groups voiced concerns about the government's decision on Friday to go ahead with the apprenticeship levy on large companies, which would help pay for training.
Ortac increases holding in CASA Mining
Exploration and mine development company Ortac Resources updated the market on its investment in CASA Mining on Friday.
Milestone's Nexstar signs deal with NaPo
Digital media and technology solutions company Milestone announced on Friday that its subsidiary Nexstar has signed a cooperation agreement to provide NaPo with a white label version of its Backstage HD digital platform and money-over-IP financial platforms.
Metal Tiger reports return of 625% on MOD Resources
Strategic natural resources investor Metal Tiger announced an update on its investment in MOD Resources on Friday.
Directors dealings: Chemring chief scoops up shares
Chemring chief Michael Flowers picked up 15,000 shares in his company on 11 August, at an individual price of 133p each, for a total disbursement of £19,950.
FTSE 250 movers: Restaurant Group leads risers, Genus tops fallers
The FTSE 250 was up 0. 62% to 17,918. 63 points in Friday afternoon trade.
FTSE 100 movers: Coca-Cola HBC still bubbling while miners head deeper
The FTSE 100 was just in the green in Friday afternoon trading, as investors shrugged off disappointing UK construction data and some uninspiring numbers out of China.
US open: Stocks slip on weak retail sales, PPI data
US stocks were in the red on Friday as key retail sales figures for July came in unexpectedly flat, triggering a sharp drop in Treasury yields.
US factory gate prices see outright decline in July
Factory gate prices in the States undershot forecasts by a wide margin in July as food and energy prices registered significant drops.
US consumer sentiment improves less than expected
Consumer sentiment in the US improved less than expected in August, according to data released on Friday.
RapidCloud pens Malaysia deal with Alibaba
Enterprise cloud computing infrastructure, software and solutions company RapidCloud International announced on Friday that its Malaysian division has been appointed by Alibaba. com as an authorised ‘Gold Supplier’ membership channel sales partner for Malaysia.
Palace Capital sells property for £1.09m
Property investment company Palace Capital has sold its freehold vacant warehouse property in Victoria Road, Stoke-on-Trent, for £1. 09m, which was slightly above book value.
US retail sales flat in July, miss expectations
US retail sales were unexpectedly flat in July, according to data from the Commerce Department.
Four dead and dozens injured in Thailand tourist resort bombings
A wave of seemingly coordinated blasts in tourist resorts in Thailand killed four people and injured dozens on Thursday and Friday.
Hummingbird Resources raises $3.8m in private placing
West African gold miner Hummingbird Resources raised about $3. 8m in a private placing with Fidelity Investments.