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Market Report
28 Nov
New York Stock Exchange, NYSE, markets, Wall Street
US close: Stocks record strong gains following dovish tone from Powell

Wall Street stocks closed considerably higher on Wednesday as hopes that China and the US would be able to reach a truce on trade at this week's G20 meeting were renewed and a dovish tone by Fed chairman Jerome Powell sent the Dow 600 points higher in late trading.

28 Nov
presidente-fed-jerome-powell-preparandose-comparecer-comision-bancaria-senado-eeuu-1-marzo
Interest rates in the US are 'just below' neutral, Fed's Powell says

Interest rates in the US are "just below" neutral, the President of the US Federal Reserve said.

28 Nov
trump-va-proposer-de-taxer-200-milliards-de-dollars-de-produits-chinois-a-25
Europe close: Stocks bide their time ahead of Fed's Powell, G-20

Stocks on the Continent finished the session little changed as investors waited on a key speech from the head of the US central bank scheduled for after the close of stockmarkets.

28 Nov
powell-fed-apaise-un-peu-les-marches
Thursday preview: Inflation data, FOMC minutes

The focus of Thursday's session is likely to be inflation readings on either side of the Pond, although the minutes of the US Federal Reserve's last policy meeting may also make for interesting reading.

28 Nov
London Stock Exchange AIM LSE shares
Director dealings: UDG director ups stake

UDG Healthcare non-executive director Myles Lee has purchased 6,000 ordinary shares in the FTSE 250 constituent.

28 Nov
bank of england 1 november
All major UK lenders pass BoE's stress tests

The United Kingdom's banking system is ready to face even the worst possible scenarios, the Bank of England judged in its latest Financial Stability report.

28 Nov
city london skyline moon
London close: Builders, airlines weigh on FTSE after grim Brexit reports

London stocks on Wednesday edged lower for the second day in a row, with housebuilders and airlines leading the decline as investors digested estimates that the UK will be much worse off under any Brexit scenario.

28 Nov
m s marks spencer
Broker tips: Yellow Cake, Marks & Spencer, Thomas Cook, Vodafone

Analysts at Berenberg upped its target price on uranium specialist Yellow Cake on Wednesday, pointing to a "resuscitated spot market" and rapidly rising uranium prices.

28 Nov
ep gas natural licuado gnl comienzasustituirpetroleopuerto
US weekly oil stockpiles build more quickly than expected

US crude oil stockpiles jumped last week, easily surpassing analysts' forecasts.

28 Nov
vodafone tower mast
Vodafone offers a little 'hope' after Dutch M&A ruling - Berenberg

Confirmation by European Commission antitrust authorities of the merger between the third and fourth biggest Dutch telecoms players "is the best piece of news that this unloved sector has had in at least the last two years", said Berenberg on Wednesday.

28 Nov
sundar pichai google
Google CEO to be grilled by Congress next month

Google CEO Sundar Pichai is set to testify in Congress on 5 December where he is expected to be questioned regarding project Dragonfly and Google’s alleged political bias.

28 Nov
wall street
US open: Stocks tick higher amid renewed hopes of a truce between Beijing and Washington

Wall Street trading started on a positive note on Wednesday as hopes that China and the US would be able to reach a truce on trade at this week's G20 meeting were renewed.

28 Nov
Astrazeneca
N4 Pharma bears more good news on its Nuvec particles

Specialist pharmaceutical company N4 Pharma updated on the latest key research findings for its ‘Nuvec’ delivery system on Wednesday.

28 Nov
usa-russie
Putin calls on US to abandon 'unilateral sanctions', says $60 oil 'acceptable'

Russian President Vladimir Putin called on the US to abandon its policy of unilateral sanctions and to instead seek common ground.

28 Nov
Computacenter, software, technology, computers, Computercentre
FTSE 250 movers: Computacenter jumps on Amazon partnership; Victrex melts away

London's FTSE 250 was steady at 18,675. 86 in afternoon trade on Wednesday, with Computacenter on the rise on the back of a new partnership with Amazon.

28 Nov
currencies euro dollar pound money cash sterling
Harvest Minerals makes sales and regulatory progress

Fertiliser producer Harvest Minerals updated the market on its operations on Wednesday, reporting further additions to its internal sales and marketing team.

28 Nov
Crusader Resources concludes 'all matters' at Posse mine

Crusader Resources issued a final update to the Posse legal case, anded noted the payment of the second monthly instalment from Inter Invest A via SPV CNS Empreendimentos Em Transportes E Minerios Eireli, on Wednesday.

28 Nov
ep avioneasyjet 20180627173808
FTSE 100 movers: EasyJet flies lower on downgrade; miners rally

London's FTSE 100 was down 0. 3% to 6,997. 80 in afternoon trade on Wednesday as sterling ticked happily higher despite news that the UK will be much worse off under any Brexit scenario.

28 Nov
gold bars precious
Serabi Gold excited by survey results at Sao Chico

Brazil-focussed gold mining and development company Serabi Gold announced the completion of a terrestrial induced polarisation (IP) geophysical survey on Wednesday, covering the strike extent of the Sao Chico structural corridor, with a number of “significant” chargeability anomalies identified.

28 Nov
ep thomas cook airlines
Thomas Cook analysts torn by wide spread of risk-reward

A day after Thomas Cook unveiled its third profit warning this year, analysts in the City seemed not quite sure what to make of the travel operator.