Market Pulse
US close: Stocks end lower as oil prices retreat
US stocks ended in the red on Tuesday with energy issues under the cosh amid falling oil prices, as investors continued to digest dovish comments by Federal Reserve governor Lael Brainard.
BoJ to delve deeper into negative interest rates
Rate-setters at the Bank of Japan would pledge to delve deeper into negative interest rates when they met to decide on policy on 21 December.
Fund managers opt for cash over low-yielding assets, BofA says
Fund managers continued to hoard cash at a near-record pace, preferring to give low-yielding assets a wide berth, as most stuck to their 'bearish' view on the market, according to the results of a widely-followed survey.
Bonds: Treasuries fall back to pre-Brexit levels
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Directors dealings: Telit boss continues to amass stake
Telit Communications boss Oozi Cats purchased a large number of shares in the provider of wireless module technology for machine-to-machine or Internet-of-Things solutions.
Europe close: Stocks drop despite dovish Fedspeak
European stocks tracked losses on Wall Street, despite dovish comments from a key Fed official overnight, although weakness in energy futures were a clear drag.
London close: Stocks end lower as oil prices slide, UK inflation data disappoints
London stocks closed in the red on Tuesday after disappointing UK inflation data and a slump in oil prices.
Barroso criticises European Commission for probe into Goldman Sachs appointment
Former European Commission president Jose Manuel Barroso has hit out at the decision to bring an investigation against him following his appointment to a senior position at US investment bank Goldman Sachs.
JP Morgan CEO Dimon calls for Federal Reserve rate hike
Jamie Dimon, Chief Executive Officer of US investment bank JPMorgan Chase, has said that the Federal Reserve should raise interest rates at its September meeting.
Amryt Pharma positive about drug developments
Clinical stage specialty pharma company focused on best in class treatments for orphan diseases, Amryt Pharma, posted its interim financial statements for the six months to 30 June on Tuesday.
Verona Pharma makes progress on new respiratory drug
Verona Pharma, a UK based drug development company focused on first-in-class medicines to treat respiratory diseases, reported positive results on new drug “RPL554”.
Good Energy Group posts energetic first half numbers
Renewable energy supplier and generator Good Energy Group posted its interim results for the six months to 30 June on Tuesday, with revenue rising 40% to £45. 6m.
InfraStrata buys another chunk of Islandmagee Storage
Independent petroleum exploration and gas storage company InfraStrata reported on Tuesday that its wholly owned subsidiary, InfraStrata UK, has acquired an additional 25% equity stake in Islandmagee Storage (IMSL).
50 MPs to lose their parliamentary seats in constituencies shake-up
A number of high profile politicians and over 50 MPs could lose their seats after the 2020 general election in a revision of the British electoral map.
FTSE 250 movers: JD Sports sprints ahead while CYBG lingers
The FTSE 250 was just in the red in afternoon trading on Tuesday, as investors evaluated UK inflation data and a key speech by Federal Reserve governor Lael Brainard.
STM Group numbers slip as it acquires London & Colonial
Multi-jurisdictional financial services company STM Group announced its unaudited interim results for the six months to 30 June on Tuesday, with revenue down to £7. 9m, compared with £8. 3m a year ago.
FTSE 100 movers: Weaker oil and pound drives rises
The FTSE 100 was little moved by Tuesday's events with the index oscillating around parity for most of the session.
Manx Telecom treading water in first half results
Isle of Man communications services provider Manx Telecom announced its results for the six months to 30 June on Tuesday, with revenues of £39. 2m, down slightly from £39. 8m in the first half of 2015.
Sportech enters exclusivity on Football Pools disposal
Sportech announced on Tuesday that it has entered into exclusivity with Burlywood Capital over the proposed sale of The Football Pools for a total cash consideration of £97. 25m, on a debt free, cash free basis.
IEA cuts 2016 oil demand forecast, Brent futures drop
The world's thirst for oil was set to increase less then previously expected, the rich-world's energy watchdog said, given a more pronounced slowdown in the third quarter of 2016.