All
21 Aug
Brent edges higher following weekly DoE data
un-petrolier-etranger-arraisonne-par-l-iran-dans-le-golfe

US oil stockpiles fell by more than expected last week on the back of a sharp drop in net imports.

Read full story
21 Aug
Thursday preview: ECB minutes, Premier Oil in focus
ep petroleo portada

Markets' attention on Thursday will flip remain firmly on Europe - barring surprises.

Read full story
21 Aug
Commodities: Energy futures mixed despite stock draw in the States
champ-de-petrole-californie-etats-unis

Commodity prices were edging higher in the middle of the week, buoyed by data showing a larger than expected drop in US crude oil inventories and an improved risk appetite in financial markets.

Read full story
21 Aug
FX round-up: Pound dips as 'no-deal' Brexit risks rise
bank of england 1 november

Sterling drifted slightly lower on Wednesday following the release of data showing a narrower than expected fiscal surplus for July as the government ramped up its Brexit preparations.

Read full story
21 Aug
Europe close: Stocks jump on optimism ahead of Italian coalition talks
salvini-ligue-italie-sicile-tournee-des-plages 20190821103413

Stocks across the Continent bounced back on Wednesday amid reports of possible progress on crafting a new government coalition in Italy which would avoid having to call fresh elections.

Read full story
21 Aug
London close: Stocks boosted by weak pound ahead of Fed minutes
fed-reserve-federale-americaine

London stocks finished higher on Wednesday, helped by a weaker pound as investors eyed minutes from the US Federal Reserve's latest policy meeting which were due out later in the day.

Read full story
21 Aug
Facebook's Libra under investigation in EU antitrust probe
facebook-doit-repondre-aux-craintes-suscitees-par-le-projet-libra-declare-powell

European Union antitrust regulators have kicked off a probe on Facebook’s cryptocurrency Libra project reported Bloomberg.

Read full story
21 Aug
Director dealings: Hollywood Bowl director lowers stake
London Stock Exchange, markets, traders, trading, City, shares

Hollywood Bowl revealed on Wednesday that chief marketing and technology officer Matthew Hart had disposed of 238,000 ordinary shares in the London-listed group.

Read full story
21 Aug
Broker tips: Victrex, Nostrum Oil and Gas, Tullow Oil, Mitchells and Butlers
victrex, plastics

Victrex got a boost on Wednesday as Barclays upgraded its stance on shares of the provider of high-performance polymer solutions to 'equalweight' from 'underweight', lifting the price target to 2,020p from 1,990p and highlighting 20% upside to consensus estimates for 2021 earnings per share.

Read full story
21 Aug
Target shares surge as retailer ups full-year guidance
target

US retailer Target upped its full-year profit guidance on Wednesday after turning in stronger-than-expected second-quarter results.

Read full story
21 Aug
Canaccord upgrades Tullow Oil to 'buy' on success offshore Guyana
tullow oil

Analysts at Canaccord Genuity raised their target price on shares of Tullow Oil following the oil explorer's recent success at the Jethro-1 exploration well offshore Guyana.

Read full story
21 Aug
Galileo Resources to apply for mining permit for Zambia zinc project
zinc metals metales glencore

Galileo Resources is set to apply for a mining permit for its Star Zinc Project near Lusaka, Zambia, after completing an initial inferred resource estimate on Wednesday that supported its initial estimates.

Read full story
21 Aug
US open: Stocks go green as major retailers top expectations
wall street

Wall Street stocks opened higher on Wednesday as investors digested some solid figures from some major retailers while they waited for minutes from the last meeting of the Federal Open Market Committee to be published.

Read full story
21 Aug
Randall & Quilter subsidiaries complete several new programme partnerships
currencies euro dollar pound money cash sterling

Randall & Quilter Investment Holdings announced on Wednesday that its wholly-owned subsidiaries, Accredited Surety and Casualty Company (Accredited US) and Accredited Insurance Europe, had recently completed a number of new programme partnerships as they continued to deliver on their objective of being the “partner of choice” for managing general agents requiring high-quality licenced European and US insurance capacity.

Read full story
21 Aug
FTSE 100 movers: Burberry and TUI gain; miners drop as metals prices fall
burberry 2018 fashion

London's FTSE 100 was up 1. 1% at 7,206. 07 in afternoon trade on Wednesday as sterling fell on Brexit concerns ahead of Prime Minister Boris Johnson's meeting with German Chancellor Angela Merkel.

Read full story
21 Aug
FTSE 250 movers: Amigo ascends, OneSavings drops
onesavings bank

London's FTSE 250 was up 0. 97% at 19,193. 03 in afternoon trade on Wednesday, with Amigo Holdings leading the index higher ahead of the release of its interim results next week.

Read full story
21 Aug
Regal Petroleum upbeat on latest reserves report from VAS
oilfield

Oil and gas exploration and production company Regal Petroleum updated the market on the reserves and contingent and prospective resources at its wholly-owned and operated Vasyschevskoye (VAS) gas and condensate licence in Ukraine on Wednesday.

Read full story
21 Aug
Canaccord raises Mitchells and Butlers to 'buy' following sector shake-up
Mitchells and Butlers Nicholson's Nicholsons

Analysts at Canaccord Genuity upped their rating on pub operator Mitchells and Butlers to 'buy' from 'hold' on Wednesday, stating that bids elsewhere in the sector had ignited a reappraisal of the group and its shares.

Read full story
21 Aug
HS2 put under review, decision promised by year-end
UK High Speed 2

The future of the HS2 high-speed rail project was thrown into some doubt on Wednesday, as the government announced a review with the promise of a “go or no-go” decision by the end of the year.

Read full story
21 Aug
US existing home sales rise 2.5% in July
US house USA United States of America housing

Sales of US existing homes rose in line with expectations in July, according to data from the National Association of Realtors.

Read full story