Market Pulse - Usa
Market buzz: Some analysts see four Fed hikes, Fed funds futures still say otherwise
1847: Northern Ireland talks collapse. DUP's Arlene Foster points to disagreements over a "stand alone" Irish Language Act as the main stumbling block, BBC reports.
Sector movers: Miners, Media, Banks all higher
Cyclicals were clearly in demand on Thursday, with Industrial Metals&Mining and Mining towards the top of the leaderboard as the US dollar gave back some of its recent ill-gotten gains and the start of the Lunar New Year holidays saw some Asian sellers come out of base metals markets for a time.
Commodities: Weaker dollar boon for WTI and COMEX gold futures
Commodities are higher across the board as the US dollar weakens, with lessened selling pressure on the back of the start of the Chinese Lunar New Year holidays an added factor in the case of base metals.
DoE reports rise in weekly US oil and gasoline inventories
US oil stocks jumped last week alongside a large build in gasoline inventories.
London close: Stocks gain as Wall Street surprises, rising after CPI report
London equity markets finished near their best levels of the session on Wednesday, after an unexpectedly strong reading on US consumer prices failed to knock Wall Street lower, arguably the biggest surprise of the session.
US open: Wall Street does its best to give CPI data the slip
Early trading pointed to another positive session on Wall Street on Wednesday, while there was some volatility after the release of the latest inflation figures, stocks had come off their session lows, with all the main indices having pivoted into the green.
Credit Suisse raises target price and reiterates 'buy' on Victrex
Analysts at Credit Suisse retained their 'buy' recommendation for shares of Victrex on Wednesday, telling clients that it estimates the plastics manufacturers' technology pipeline could deliver high single-digit top-line growth to 2025 and forecast a 5% FCF and total dividend yield.
US January CPI comes in ahead of forecasts
The cost of living in the US was steady last month, contrary to expectations for a dip, buoyed by unusually large increases in clothing and medical care prices, with those for the former rising at their quickest pace since 1990.
United Airlines flight forced into emergency landing after engine cover blows off
A United Airlines flight destined for Hawaii was forced to make an emergency landing just forty minutes short of its destination on Tuesday after one if its engines began to disintegrate mid-flight.
Storm clouds on the horizon for Amazon as Walmart ups the ante
Walmart has announced plans to go head-to-head with Amazon, building its own internal cloud network to store almost limitless client information and manage sales.
Midatech Pharma reports boost for US operations
International pharmaceutical company Midatech Pharma guided towards an increase in full-year US product sales of at least 29% on Wednesday, as expected.