Market Pulse
US open: Stocks climb as BoA's third quarter profit rises
US stocks were in the green on Monday as the Bank of America posted a rise in profits while US industrial production returned to growth.
Applied Graphene Materials revenue rises after 'substantial progress'
AIM-listed graphene producer Applied Graphene Materials’ revenue increased as it made “substantial progress” during the year with its products, and revealed its US patent has been granted and a new development programme is underway with Airbus.
Bonds: Gilts finish off lows in whipsaw price action
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
S&P warns on GCC sovereigns' cumulative funding requirements
Gulf Cooperation Council (GCC) sovereigns' cumulative funding requirement could total up to $560bn between 2015 and 2019, creating uncertainty about coverage of their fiscal deficits, warns S&P Global Ratings.
Fed's Fischer urges policies to tackle low equilibrium interest rate
If interest rates remained stuck at then current low levels the US economy might be facing the prospect of longer and deeper recessions, the vice-chairman of the US Federal Reserve said.
FX round-up: Sterling sours on major crosses, dives versus kiwi, rand
Sterling soured on its major cross this afternoon, in particular crumbling against a resurgent New Zealand dollar and stronger South African rand.
Sector movers: Telecoms pace gains
So-called 'bond proxies' such as fixed-line telecommunications providers were among the best performing sectors at the start of the week even as yields on longer-dated Gilts were whipsawed about, with prices mostly recovering from the steep losses seen earlier in the day.
Teva and Regeneron see medical study put on hold due to safety concerns
Drug development partners Teva and Regeneron have had a major study halted by regulators due to concerns being raised about the safety of the trial.
Europe close: Shares end lower amid bond price volatility
European stocks fell as investors looked ahead to a busy week on the corporate front and the European Central Bank rate announcement on Thursday, with the dollar steady at a seven-month high.
NI First Minister says country should receive special EU status
The second-highest ranking politician in Northern Ireland has said that the region should be able to push for a special case membership of the European Union after it voted clearly to stay in the bloc.
STM Group launches new pension products for Australia and Europe
Cross-border financial services provider STM Group announced the launch of its Australian, superannuation qualifying, recognised overseas pension scheme based out of Gibraltar on Monday.
FTSE 250 movers: Miners rally, housebuilders slump
The FTSE 250 index fell 0. 83% to 17,831. 76 points in afternoon trade on Monday.
Mitie secures new facilities management contract
FTSE 250 outsourcer Mitie has been awarded a new five-year facilities management (FM) contract worth more than £60m with Manchester Airports Group (MAG), consolidating FM services across three airports into one integrated contract.
Commodities: Crude southbound as US rig count, dollar encourage selling
Crude futures were southbound as rising rig counts in the US and some dollar strength encouraged a round of selling.
Results round-up
AIM-listed Tristel, a manufacturer of infection prevention products, increased turnover while it continues to expand globally, particularly in North America.
Caterpillar CEO to step down at end of 2016
Doug Oberhelman, CEO of US machinery giant Caterpillar, is to step down from his position at the end of 2016, and retire from the company early after 41 years.
Rosengren sees Fed exceeding inflation, unemployment targets by mid-2017
Rate-setters in the US had the luxury of waiting a little before moving on rates so as to get it "just right" but with the central bank set to exceed its goals, the risk existed of waiting too long, a top policymaker said.
Tim Rogers becomes CEO at AB Dynamics
Designer, manufacturer and supplier of advanced testing systems and measurement products, AB Dynamics, announced on Monday that on 17 October Tim Rogers - currently managing director of the company - was appointed chief executive officer.
Director dealings: Nanoco chairman dips toe in again
Nanoco Group chairman Christopher Richards on Monday dipped into the market for the second time in a week as he picked up shares in the supplier of quantum dots for flatscreen televisions and other screen markets.
Clothing retailers' sales decline again, Kantar criticises discounting
UK clothing retailers have seen sales fall for four months in a row, according to a survey published on Monday that criticised the industry's habit of over-buying and deep discounting.