Market Report
Ocado earnings to take up-front hit on overseas contracts
Analysts said Ocado's explanation of new accounting rules will make earnings appear "ugly" but that cash flows will not be affected.
Patisserie Valerie owner calls in administrators after bank talks fail
Patisserie Holdings has called in the administrators after directors failed to get support from the cafe chain's lenders.
Activist hedge fund calls for shakeup of eBay's portfolio
Elliott Management disclosed a 4% stake in online marketplace eBay on Tuesday as it called for a shake-up of the company’s portfolio in order to double the outfit's share price.
Commodities: Brent, copper futures drop amid trade worries and political tensions
Commodity futures came under selling pressure at the start of the week, with only precious metals and wheat managing to keep their heads above water, as investors in the States returned from the long weekend to find that the federal government shutdown was continuing and began eyeing the next phase of US-China trade talks at the end of the month.
Bonds: Gilts underperform as pound rallies; Spanish note sale sees record demand
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
White House reportedly rejects trade planning meeting with China
Selling on Wall Street picked-up on Tuesday afternoon following a report that the White House had cancelled a meeting between top US and Chinese trade officials.
Europe close: US-China trade talk concerns sap investor sentiment
Stocks on the Continent saw modest losses with investors catching their breath as they awaited clarity on the US-China trade talks, even amidst multiple stark warnings regarding the potential risks for the global economy that lay on the horizon.
Wednesday preview: BoJ, Burberry Group, Antofagasta in focus
The market spotlight will shift towards central banks on Wednesday, as rate-setters in Tokyo meet to decide on policy.
FX round-up: Pound climbs as MPs push to take 'no deal' Brexit off the table
Sterling is finding a bid in late afternoon trading after a cross-party motion was tabled in parliament in order to head-off the risk of a so-called 'hard Brexit'.
London close: Footsie falls under pressure from pound
London stocks retreated under pressure from a rising sterling on Tuesday as solid employment figures mingled with optimism that parliament will take the possibility of no-deal Brexti off the table.
Venezuela claims to have foiled 'extreme right' military coup
An attempted revolt against the Venezuelan government of President Nicolás Maduro by 27 members of the country's National Guard has been quashed, according to the defence ministry.
Director dealings: Better Capital founder ups stake
Better Capital founder and managing partner Jonathan Moulton purchased 2. 1m ordinary shares in the fund on Tuesday.
US open: Stocks open lower as Chinese data weighs on sentiment
US stocks opened lower on Tuesday as traders returned to their desks after the Martin Luther King Jr holiday, with worries about a slowdown in China and some dire housing figures taking their toll on sentiment.
US to pursue extradition for Huawei executive Meng Wanzhou
The United States is expected to proceed with formal extradition proceedings for Huawei executive Meng Wanzhou, who was recently detained in Canada under accusations of violating US sanctions on Iran.
Broker tips: Wood Group, Aggreko, St James's Place, IAG
Wood Group was downgraded by Exane BNP Paribas, where analysts raised concerns over the energy services company's accounting.
FTSE 250 movers: IG Group dives, Cairn Energy strikes oil
London’s FTSE 250 was down 0. 35% at 18,698. 02 in afternoon trade on Tuesday, with IG Group pacing the decline after being hit by regulatory issues.
FTSE 100 movers: EasyJet flies higher but Wood Group dented by downgrade
London's FTSE 100 was down 1% to 6,897. 89 in afternoon trade on Tuesday as sterling got a boost from solid UK employment data.
US existing home sales drop to lowest in three years in December
Sales of US existing homes fell to their lowest level in three years in December, according to data from the National Association of Realtors.
Mortgage Advice Bureau posts 13% rise in revenues
Mortgage Advice Bureau reported a jump in full-year revenue on Tuesday despite ongoing Brexit uncertainty.
Dillistone awarded biggest contract ever, sees good progress in GatedTalent
Recruitment software supplier Dillistone Group has been awarded a three-year contract renewal by a “globally known” recruitment organisation, it announced on Tuesday.