Market Report
Bonds: CPI data, Brexit polls weigh on longer-dated Gilts
These were the movements in some of the most widely-followed 10-year sovereign bond yields: US: 2. 20% (-2bp)UK: 1. 03% (+6bp)Germany: 0. 27% (+2bp) France: 0. 61% (+1bp)Italy: 1. 98% (-4bp)Spain: 1. 44% (-1bp)Portugal: 2. 95% (-3bp)Greece: 5. 84% (-3bp)Japan: 0. 06% (+0bp).
US close: Stocks hit record highs as investors eye second rate hike this year
US stocks ended higher on Tuesday with the Dow and S&P 500 at records as technology stocks rebounded from the recent selloff ahead of an expected rate hike by the Federal Reserve.
Gemfields announces takeover approach from rival buyer
Gemfields's board advised shareholders to take no action on an offer from Pallinghurst Resources as it announced that it had been approached by another outfit.
Europe close: Gains stick ahead of Fed
European stocks were holding higher, with investors apparently recovering their calm following Monday's sharp drop in technology stocks and ahead of the US central bank's policy announcement scheduled for the next day.
FX round-up: Sterling gets a CPI boost as dollar steady ahead of Fed rate call
Sterling put in a plucky performance on major crosses Tuesday as a surprise rise in UK consumer inflation gave the British unit a boot higher.
Director dealings: Chaarat CEO sells shares ahead of major developments
Chaarat Gold chief executive Dekel Golan sold more than a quarter of his shares in the explorer as it conducts an intensive drilling programme and prepares to build its first mine in the Kyrgyz Republic.
London close: FTSE 100 drifts lower as sterling gets kicked higher by CPI inflation
London stocks drifted through Tuesday with the FTSE 100 suffering as sterling got a boost from higher than expected UK consumer inflation in May, amid country's deep mire of political uncertainty.
Commodities: Crude heads lower as Opec's May output rises 1%
Crude-oil futures were heading south on Tuesday afternoon as Opec confirmed its output rose in May on the back of higher production by Nigeria, Libya and Iraq.
US open: Wall Street stages slight bounce ahead of Fed decision
US stocks were climbing slightly on Wall Street come Tuesday, with tech stocks managing to claw back some of their recent heavy losses as investors eyed the start of the Federal Reserve's two-day policy meeting.
FTSE 250 movers: Capita surges on turnaround; Telecom Plus slumps
London's domestically-focused FTSE 250 index was up 1% to 19,876. 25 in afternoon trade, boosted by a stronger pound.
Tri-Star Resources rockets after part-owned SPMP inks supply deal
Tri-Star Resources' share price rocketed after partly-owned Strategic & Precious Metals Processing inked an antimony and antimony gold concentrate supply agreement with Traxys Europe.
Concepta upbeat after first sales order from China
UK healthcare company Concepta announced on Tuesday that it received its first sales order for CNY 1. 95million (£0. 23m) for its myLotus fertility products from its partner in China, HuanZhong Biotech Company.
FTSE 100 movers: LSE lifted by investor update; 3i hit by downgrade
London's FTSE 100 was down 0. 2% to 7,498. 71 in afternoon trade as investors digested data showing UK inflation climbed to a near four-year high.
Wednesday preview: Fed 'dovish undertones' debated, UK wages stagnating
Wednesday's US central bank announcement will be an event of global significance, though in the UK the scrutiny earlier in the day will be on wage and employment data amid the new four-year inflationary high.
Watkin Jones completes £153m forward sale of portfolio
Student accommodation-focussed multi-occupancy property asset developer and builder Watkin Jones announced on Tuesday that it completed the forward-sale of a portfolio of six developments to institutional investor Europa Generation for a gross development value of £165m.
Graphene NanoChem completes pilot project with Malaysian firm
Performance-enhancing nanotechnology solutions provider Graphene NanoChem announced on Tuesday that its new polymers division had successfully completed a paid pilot project for an unnamed “global Tier 1 company” in Malaysia.
JD Wetherspoon sees FY trading outcome above previous expectations
Pub operator JD Wetherspoon said on Tuesday that it expects a slightly better trading outcome for the year than was foreseen at the last update.
Results round-up
FTSE 250 housebuilder Crest Nicholson reported a rise in profit and revenue for the half year and said it is on track to deliver full-year revenue growth, but cautioned that the UK election could bring about uncertainty.
Eland joint venture signs rig contract with OES
Nigeria-focussed oil and gas production company Eland Oil & Gas announced on Tuesday that its joint venture company, Elcrest Exploration and Production Nigeria, signed a rig contract with OES Energy Services for the OES Teamwork Rig for the upcoming sidetrack of Opuama-7.
Glencore acquistion of Coal&Allied should be value-accretive, HSBC says
Glencore's "opportunistic" bid for Rio Tinto's Coal&Allied assets may pay-off, analysts at HSBC said.