MARKET PULSE - EUROPE
17 Oct
Buy Spain as political risk is 'overstated' - Credit Suisse
españa bandera, spain, spanish, flag

Spanish equities look unusually cheap, said Credit Suisse on Tuesday, as political risk is "overstated" and the country is on track for at least 3% growth, with employment, housing and construction all on a growth tear.

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17 Oct
London close: Stocks move lower even as Sterling slips
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London stocks closed lower on Tuesday even as the pound fell back against the dollar, albeit following a brief pop higher after data showed inflation surged to a five-year high last month, amid somewhat dovish remarks from Bank of England policymakers.

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17 Oct
Investec's Gordon happy with Virgin Money's stunning performance
virgin branson

Analysts at Investec hailed what they dubbed a "stunning" third quarter performance by Virgin Money, which they believed would lead to consensus marking-up its estimates - again.

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17 Oct
Airbus agrees to purchase majority stake in Bombardier's C-Series programme
c-series-bombardier-cs100-les-usa-imposent-220-de-droits-de-douane-sur-le-cseries-de-bombardier

French aeronautical firm Airbus agreed to pick up a majority stake in Bombardier's C-Series jet project, just weeks after the US government announced it would impose a 300% import tariff on the plane after receiving a complaint from Chicago-based competitor Boeing.

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16 Oct
Europe close: Political standoff weighs on Spanish stocks

Stocks on the Continent were little changed at the start of the week, save in Spain where the ongoing political standoff between the central government in Madrid and regional officials in Catalonia weighed on sentiment.

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16 Oct
Mercedes-Benz to recall almost 400,000 vehicles over faulty airbags
ep fabrica mercedes vitoria

German multinational automotive group Daimler, the parent company of Mercedes-Benz, announced on Monday that they would recall nearly 400,000 vehicles that were potentially fitted with a faulty airbag.

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16 Oct
London close: Stocks slip lower despite gains for miners
anglo glencore collahuasi copper

London stocks slipped on Monday as miners rallied on the back of Chinese inflation data, but Convatec slid after a profit warning.

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16 Oct
Airbus chief willing to step down if 'no longer part of the solution'
airbus-plombe-le-commerce-exterieur-en-janvier

Tom Enders, chief executive of French aeronautical giant Airbus, said on Sunday that he would be willing to step down from the role he had held since 2012 in an effort to safely guide the firm through ongoing corruption investigations.

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16 Oct
Europe midday: Spanish stocks drop as Catalan president goes for broke
artur mas banderas barcelona

Stocks on the Continent are holding slightly higher despite the ongoing political standoff in Spain between the central government in Madrid and regional officials in Catalonia.

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16 Oct
Europe open: Stocks mostly higher, save in Spain
artur mas carles puigdemont

Stocks on the Continent have started the morning mostly slightly higher as traders digest the implications of a raft of political events over the weekend and on Monday.

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13 Oct
Europe close: Stocks finish session with slight gains
1euro

Stocks finished the day slightly higher amid reports that European Central Bank policymakers were closer to an agreement on how to go about tapering their asset purchases.

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13 Oct
Vedanta Resources & Konkola Copper Mine lose appeal against English Court
antofagasta mining miner

FTSE 250 firm Vedanta Resources posted an announcement on Friday informing that the English Court of Appeal had dismissed it and Konkola Copper Mine's (KCM) appeal against the English court, concerning the court's jurisdiction to hear and adjudicate claims by Zambian residents regarding KCM's operations in Zambia.

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13 Oct
London close: Stocks recover after morning swoon
London

London stocks pared most their early losses by the close of trading on Friday, having retreated fairly sharply from a record close the previous day as the pound climbed on rumours about the Brexit negotiations.

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13 Oct
IAG eyes empty slots left by Monarch
ep avio de laerolinia level

Chief executive Willie Walsh said on Friday that IAG had been eyeing off slots left empty at Gatwick Airport as a result of Monarch's collapse earlier on 2 October, which came shortly after Alitalia and Air Berlin had also entered administration, reducing capacity in the highly competitive European airline sector.

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13 Oct
Ashanti Gold identifies "broader" and "new" mineralised zones in Ghana- Goldplat
Gold bars

Gold exploration and development company Ashanti Gold Corp has identified "broader" and "new" mineralised zones at Goldplat's Anumso Gold Project in Ghana, according to Goldplat.

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13 Oct
Taurus Funds Management sells stake in Base Resources
pan african resources south africa

Mineral sands producer Base Resources, focused on the Kwale Mineral sands operations in Kenya, East Africa, was informed by Taurus Funds Management that it had ceased to be a significant shareholder of the company.

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13 Oct
Europe midday: Stocks flat ahead of US data
cbdraghiprensa

Stocks were slightly higher come midday amid reports that European Central Bank policymakers were closer to an agreement on how to go about tapering their asset purchases.

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13 Oct
Europe open: ECB may cut QE purchases by at least half, report says
cbyellendraghi1

Stocks have begun the session in a mixed fashion amid reports that European Central Bank policymakers are closer to an agreement on how to go about tapering its asset purchases.

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13 Oct
London open: EU deal report, central bank policy in focus

Sterling is extending its rebound from the day before after a report from Handelsblatt that the European Union might discuss offering the UK a two-year extension of its single market membership following Brexit, which in turn has served to knock the Footsie off its perch.

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13 Oct
London pre-open: Stocks set to dip, focus on US CPI and Fed
actasfed

Stocks are seen starting the session slightly lower, tracking similar losses on Wall Street overnight, despite the release of stronger-than-expected Chinese foreign trade data released overnight.

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