Market Report
Bonds: Yields back-up ahead of Fed's Powell
These were the biggest movements in the most widely-followed 10-year sovereign bond yields:.
Small cap round-up
Recruiter Robert Walters posted a 7% jump in second-quarter net fee income on Tuesday as strength in the international business offset weakness in the UK.
Commodities: Grain prices buffeted by mixed reports on Chinese agricultural purchases
Futures were little changed outside of soft commodities and copper as traders waited for further clues as to the most likely path forward for US interest rates, in particular, and as pertained to the ongoing US-China trad standoff.
Europe close: Stocks drop ahead of key Fed speech, US-China trade in focus
Stocks across the Continent finished lower on Tuesday amid traders' caution ahead of a key speech from the head of the US central bank scheduled for the following day and uninspiring reports on the US-China trade front.
Wednesday preview: Fed's Powell, UK GDP in focus
Barring surprises on the US-China trade front, and perhaps even then, all eyes on Wednesday will be on Federal Reserve chairman Jerome Powell as he delivers his semi-annual testimony before the House of Representatives's Financial Services committee.
Cannacord stays at 'buy' on Bovis Homes going into autumn selling season
Canaccord Genuity stood by its 'buy' recommendation for shares of homebuilder Bovis Homes following what it described as a "solid" trading update.
Egypt requests Interpol help return 'stolen' relic sold in UK
The Egyptian Ministry of Antiquities have requested Interpol help track down a 3,000 year-old sculpture of pharaoh Tutankhamun that was sold last week in the UK.
London close: Pound weakness on Brexit worries buoys Footsie
Weakness in Sterling helped to cushion the blow to London stocks from the worst retail sales data on record even as investors waited on a potentially key speech from the head of the US Federal Reserve scheduled for the next day.
Liberum raises target price on 'unchallenged' Autotrader
Analysts at Liberum raised their target price on classifieds advertiser AutoTrader from 620p to 640p on Tuesday, stating the company had gone from "strength to strength" of late.
US open: Stocks continue to head south ahead of Fed speeches
US stocks were little changed on Tuesday ahead of a potentially key speech by Federal Reserve chief Jerome Powell himself scheduled for the next day.
Irish to agree to need for border checks in no-deal Brexit
Ireland is set to agree for the first time to the need to set up checks at the border with Northern Ireland under a no-deal Brexit scenario.
Director dealings: Enquest CEO's charity takes a stake in firm
Enquest revealed on Tuesday that chief executive Amjad Bseisu's registered charity, the Amjad & Suha Bseisu Foundation, had acquired 519,793 ordinary shares in the London-listed petroleum exploration and production company.
FTSE 250 movers: Chemicals makers spill lower, Cineworld climbs
London's FTSE 250 was 0. 77% lower at 19,431. 28 in afternoon trade on Tuesday, with chemicals companies dragging the index downward.
CMA blocks Sainsbury's-Asda merger for the next 10 years
The Competition and Markets Authority has blocked a potential merger between Sainsbury’s and Asda for the next 10 years.
Richard Branson's Virgin Galactic to go public
Richard Branson’s Virgin Galactic space tourism business is set to go public later in 2019 and if successful it will become the first listed space tourism outfit .
US 'quits' rate little changed in May
The number of people who voluntary left their jobs decreased in May but nevertheless remained near record lows, reflecting still strong job market conditions, although hiring did slip.
FTSE 100 movers: Ocado rallies on results; Just Eat hit by downgrade
London’s FTSE 100 was down 0. 2% at 7,537. 45 in afternoon trade on Tuesday.
Fed's Harker sees no interest rate cuts in 2019, WSJ says
No interest rate cuts will be needed in 2019 and the US economy is "strong", a top US central bank official said.
Europe midday: Stocks drop amid doubts around central bank policy, US-China trade
Stocks across the Continent headed lower on Tuesday amid traders' caution ahead of a key speech from the head of the US central bank scheduled for the following day and uninspiring reports on the US-China trade front.
US-China trade talks to resume this week
Talks aimed at ending the trade war between China and the US are set to resume as early as this week.