Market Report
Commodities: Crude gains amid dollar weakness, drop in US output
Weakness in the US dollar led to a broad push higher for the commodities complex which nevertheless continued to trade in a sideways fashion near their most recent multi-year lows.
Europe close: Banks lead drop as volatility flies on Trump allegations
The pan-European benchmark Stoxx 600 index saw its worst one-day fall since September as investors rushed to protect from downside risks, sending a key gauge of stockmarket volatility flying.
London close: US political storm rains on Footsie's parade
London's top flight index finished the day on the backfoot but off its intra-session lows as gains in the shares of precious metals miners and index heavyweights Lloyds and Tesco helped to offset the drag from the gathering political storm clouds on the other side of the Atlantic.
US open: Volatility spikes as political storm clouds gather over Capitol Hill
Fresh allegations of improprieties in the Oval Office are finally provoking a response from Wall Street, sending some traders dashing to buy protection from downside risks.
WTI futures jump after latest DoE inventory figures
US oil and product stockpiles fell sharply during the latest reference week despite a sharp pick-up in imports.
FTSE 250 movers: Sophos surges on results; M&B slumps as profit drops
London's FTSE 250 was down 0. 6% to 19,764. 19 in afternoon trade.
Blue Star investee SatoshiPay now accepting PayPal
Technology-focussed investment company Blue Star Capital announced on Wednesday that its investee company, private nano payment and blockchain business SatoshiPay, would now accept top-ups of its online wallet via PayPal.
FTSE 100 movers: Fresnillo shines as gold rallies; Hikma slumps on downgrade
London's FTSE 100 was down 0. 5% to 7,485. 04 in afternoon trade as investors digested the latest round of UK jobs data and political turmoil in the US.
Thursday preview: Burberry, Royal Mail, 3i, Hargreaves Lansdown
Thursday will be a busy day for company results, led by the likes of Burberry, Royal Mail, 3i and Hargreaves Lansdown.
Ideagen trades in line with expectations
Information management software provider Ideagen updated the market on its trading for the year to 30 April on Wednesday, ahead of the announcement of its full year results on or around 18 July.
Inland Homes given consent for 206 residential units
South and South East England-focussed housebuilder and brownfield regeneration specialist Inland Homes announced on Wednesday that it received a resolution to grant planning consent to develop 148 residential units at Sherborne Wharf, Birmingham, in the company's first scheme in the Midlands.
Corero confirms additional SmartWall order
Network security company Corero Network Security announced an additional order of $0. 5m for its SmartWall Threat Defense System on Wednesday, from the US-based international hosting provider that initially placed an order of $0. 7m in March 2016.
ATTRAQT makes progress with integration of Fredhopper
Onsite search, online merchandising and ecommerce personalisation technology provider ATTRAQT Group updated the market on the integration of its acquisition of Fredhopper, which was completed on 8 March.
Spinnaker cash shell floats with bulging board to target energy sector
Cash shell Spinnaker Opportunities has floated on the full list of the London Stock Exchange with a £1. 2m fundraising to help it find opportunity in the energy and industrial sectors.
Jefferies lowers Brent oil price forecasts, downgrades Ophir Energy, Premier Oil
Analysts at Jefferies revised their medium and long-term price assumptions for Brent oil lower, downgrading shares of Ophir Energy, Soco International and Premier Oil in the process.
UK wage growth slows to increase squeeze on consumers
Although the UK unemployment rate fell to its lowest since 1975, weekly wage growth slowed to heap further pressure on consumers already battling with rising inflation.
BHP boss to meet Elliott activists after revised attack
BHP Billiton boss Andrew Mackenzie has agreed to meet his tormentors at Elliott Advisers after the US activist investor ramped up its criticism of the mining giant's "do-nothing approach”, which some analysts felt was not totally justified.
Berenberg puts brakes on Auto Trader
Shares in Auto Trader skidded on Wednesday after Berenberg initiated coverage of the stock at 'buy' with a 350p price target.
Europe midday: Shares sag as political controversy on Capitol Hill heats up
Stocks are holding lower come midday as reports that the US president may have tried to influence decisions by Federal Bureau of Investigation chief James Comey stoked the flames of political controversy on Capitol Hill.
Europe open: Volatility picks up as controversy on Capitol Hill intensifies
Stocks began the day lower as reports that the US president may have tried to influence decisions by Federal Bureau of Investigation chief James Comey stoked the flames of political controversy on Capitol Hill.