Market Pulse
US close: Stocks end higher as investors bet on Trump
US equity markets ended in the black on Monday, with indices hitting record highs as investor sentiment continued to be buoyed by Donald Trump’s tax-cut promises.
Bonds: Yields drift to and fro ahead of risk events, Greek debt hit
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
FX round-up: Sterling mixed as traders look ahead to Tuesday's UK CPI
Sterling turned in a mixed performance on key crosses Monday as investors assessed an upwardly revised UK economic growth forecast and looked ahead to Tuesday's consumer-price index (CPI).
Europe close: Basic Resource shares pace gains
European equity markets powered ahead at the start of the week, with basic resources spearheading the advance as copper prices rallied on supply worries, while the European Commission raised it growth forecast for the Eurozone.
London close: Blue chips, mid caps end higher as miners rally with copper prices
UK blue chips and mid caps chimed Monday's close on a positive note, with the latter at yet another record high, as mining-related stocks surged alongside the price of the industrial-favourite copper.
Allergan picks up Zeltiq in multi-billion dollar all cash deal
US pharma giant Allergan announced a multi-billion dollar deal to acquire Zeltiq Aesthetics, the body-contouring company.
Hayward Tyler completes latest loan note issue
Specialist engineering company Hayward Tyler Group announced the successful completion of its latest loan note issue at £0. 6m on Monday.
Directors dealings: Tate & Lyle chairman-designate's spouse buys in
Marian Murphy picked up 10,000 shares in food ingredients manufacturer Tate&Lyle on 10 February.
Uvenco in line with expectations at end of 2016
Uvenco issued a trading update on Monday, based on its unaudited management accounts for the nine month period ended 31 December, following the change in year-end from 31 March to 31 December.
Falanx establishes 'Cyber Technologies' business unit
Global intelligence, security and cyber defence provider Falanx Group announced the establishment of Falanx Cyber Technologies on Monday, which it said had been created in order to gain “significant commercial advantage” from the management of advanced cyber threats.
Glencore buys up more of Mutanda and Katanga
Glencore announced on Monday that it had purchased from subsidiaries of Fleurette Properties that group's remaining 31% stake in Mutanda Mining, and an approximate 10. 25% stake in Katanga Mining.
US open: Record highs as Trump appointments inspire gains
US equity markets were sprouting green on Monday as new President Donald Trump inspired further gains and investors looked ahead with no fear for Federal Reserve chair Janet Yellen semi-annual testimony before Congress.
Sepura and Hytera stumbling over European regulators
Sepura updated the market on the German and Spanish competition approvals currently being sought by Hytera Communications Corporation and Sepura in connection with the acquisition described in the scheme document published by Sepura on 16 January.
Commodities: Copper flies north amid Chile mine strike as crude falls after OPEC update
Industrial metals flew higher on Monday with copper a stand-out performer thanks in part to a mine strike in Chile, while crude was under pressure after OPEC updated on its output cut.
Small cap news round-up
Evgen Pharma AIM-listed Evgen Pharma has signed a services agreement with a consortium of Cheshire-based drug developments firms for its sulforaphane product.
Results round-up
Fidessa With profits strongly boosted by the weak pound, Fidessa declared both a final and a special dividend as the financial software group said the increased headwinds in its markets during the second half of the year had already begun to reduce.
Greek short-term bond yields jump on central bank chief's warning
Short-term Greek bonds got pummeled after the head of the country's central bank warned that excessive delays in reaching an agreement with its creditors could lead to renewed funding pressures on Athens.
Tuesday preview: CPI seen rising to the occasion amid Valentine's data orgy
After a relatively noncommittal start to the week, Tuesday will provide a real feel for market sentiment amid an orgy of macroeconomic data on St Valentine's Day, with UK inflation expected to stiffen and hopes European industrial production will rise to the occasion.
Tanfield's electric vehicle investment ceases operations
Investment firm Tanfield Group has announced that Smith Electric Vehicles, in which it holds a 5. 76% stake in, has ceased operations following a lack of funding after moving operations to the US.
Broker tips: Glencore, AB Foods, Enquest
Glencore got a lift on Monday as Morgan Stanley upped its stance on the stock to ‘equalweight’ from ‘underweight’ and bumped the price target up to 280p from 230p, saying financial risk has mitigated and it is now on par with peers.