Full List Of Stories
FX round-up: Sterling under pressure, but technical backdrop still constructive
Sterling came under pressure again as markets continued to wait for a possible breakthrough in negotiations between Westminister and the DUP on the Irish question - albeit amid some scepticism - ahead of a Sunday deadline to reach a deal with Brussels in order to move forward on trade negotiations.
Bonds: Gross calls 2.0% top for Fed funds rate
These were the movements in some of the most closely-followed 10-year sovereign bond yields: US: 2. 34% (-1bp)UK: 1. 23% (-3bp)Germany: 0. 30% (-3bp)France: 0. 61% (-1bp)Spain: 1. 43% (+2bp)Italy: 1. 73% (+2bp)Portugal: 1. 88% (-1bp)Greece: 4. 81% (-3bp)Japan: 0. 06% (+1bp) .
Commodities: Gasoline, WTI futures drop on rapid build in gasoline stocks
A large build in US gasoline stockpiles weighed on the entire energy complex, helping to send a key gauge for the entire asset class to a two-month low.
Results round-up
Systems integrator and managed services provider Maintel Holdings updated the market on its trading for the year to 31 December on Wednesday, reporting that its ‘ICON’ cloud services have continued to grow strongly in the second half of 2017, boosted by ongoing investment in the platform.
Broker tips: Carnival, Easyjet, Ted Baker
Analysts at Morgan Stanley have upgraded their recommendation on cruise ship operator Carnival on the back of strong demand signals.
Director dealings: EasyJet's Lundgren buys in at 52-week high
Easyjet's new boss picked up a sizeable number of shares in the company roughly a month after being put at the controls, even as they hit a fresh 52-week high.
Sector movers: JP Morgan retains Diageo as its top-pick despite rise in bond yields
Cigarettes and booze found a bid on Wednesday as investors sought refuge in those two defensive sectors on a risk-off day more generally for financial assets globally, amid gyrations in metals markets which some market commentary linked to wider uncertainty surrounding the outlook for China's economy but also US policy-making.
Europe close: Stocks slip amid continued weakness in technology
Stocks ended on a slightly down note amid talk of 'profit-taking' and 'sector rotation' as investors adjusted their portfolios in anticipation of tax cuts and tighter monetary policy on the other side of the Pond, alongside caution towards the outlook for growth in China and heavy selling on the Japanese and Hong Kong bourses.
US midday: Stocks little changed ahead of jobs report, Fed meeting
Wall Street is little changed as traders continued to play it safe ahead of Friday's monthly non-farm payrolls numbers and the following week's US Federal Reserve policy meeting.
London close: Stocks gains as Sterling wavers amid Brexit uncertainty
Shares reversed earlier losses to finish just a touch higher on Wednesday as the pound remained under pressure on account of the breakdown in Brexit talks, with M&A news providing a welcome distraction.
WTI futures drop after DoE reports sharp build in gasoline stocks
US gasoline stockpiles built sharply during the latest reference week, resulting in a sharp drop in crude oil inventories.
Real US hourly compensation growth still in the red during the third quarter
US labor costs slipped unexpectedly during the third quarter, as wages grew more slowly than anticipated.
Wall Street warming to stocks but sentiment not yet euphoric, BofA says
Analysts continued to warm towards stocks last month but based on past experience their overall level of optimism was still consistent with further gains in shares, strategists at Bank of America-Merrill Lynch said.
Europe midday: Stocks mired in the red despite soft euro
Stocks are holding lower amid talk of 'profit-taking' and 'sector rotation' as investors adjust their portfolios in anticipation of tax cuts and tighter monetary policy on the other side of the Pond, alongside caution towards the outlook for growth in China and heavy selling on the Japanese and Hong Kong bourses.
Barclays starts Ted Baker at 'equalweight'
Ted Baker's valuation was up with events, Barclays's analysts said, initiating their coverage at 'equalweight' despite the company's multiple attractions.
Morgan Stanley upgrades Carnival on strong demand signals
Analysts at Morgan Stanley have upgraded their recommendation on cruise ship operator Carnival on the back of strong demand signals.
German factory orders rise for third month in October, led by capital goods
Strong domestic demand and from outside the single currency bloc boosted German factory orders last month.
Europe open: Stocks stumble in early trading after heavy selling in Asian session
Stocks have begun the morning lower amid talk of 'profit-taking' and 'sector rotation' as investors react to the prospect of tax cuts and tighter monetary policy in the States, alongside caution towards the outlook for growth in China and heavy selling on the Japanese and Hong Kong bourses.