Market Pulse
Atlantis Resources on the up as turbine successfully exports power
Shares in tidal power company Atlantis Resources rose on Friday as its turbine has successfully exported power to the grid in Scotland and has operated at full capacity.
Labour loses Copeland in historic defeat, holds Stoke-on-Trent
The Labour Party suffered a humiliating defeat in its heartland seat of Copeland on Thursday night, losing it to the ruling Conservatives for the first time in 80 years and heaping pressure on Labour leader Jeremy Corbyn despite narrowly winning a second by-election in Stoke-on-Trent Central.
FX round-up: Sterling endures torrid Friday as traders head for safe-haven gold
Sterling had a torrid time on key crosses Friday with traders buying defensive assets such as gold on concerns about Europe's political unease, and worries about the economic impact of Brexit.
Europe close: Stocks turn lower on investor caution, heightened political risk
European stocks retreated on Friday, weighed down by a broad pull-back in risk apettite globally ahead of a key speech from US president Donald Trump in the following week.
Berenberg downgrades Goldman Sachs as Trump rally 'may have peaked'
Goldman Sachs has been downgraded to 'sell' by Berenberg as the German bank indicated its belief that the investment banking behemoth's stock is now overvalued and that it could face structural headwinds in 2017.
Trump whips up CPAC with 'massive' tax cut pledge, Mexico wall timetable
President Donald Trump told the Conservative Political Action Conference he would "massively" lower taxes for America's middle classes as well as trimming business taxes, while also pledging to begin undoing his predecessor's 'Obamacare' healthcare laws in coming months.
Mexican current account deficit narrows further in fourth quarter 2016
Mexico's current account deficit narrowed over the last three months of 2016 on strength in manufacturing, but risks were on the rise, economists said.
Credit Suisse bumps up target price for BAE Systems
Analysts at Credit Suisse bumped up their target price for BAE Systems to incorporate the firm´s recently-released 2016 full-year numbers and its latest financial guidance.
AstraZeneca receives positive CHMP recommendation for hyperkalaemia drug
AstraZeneca has received a positive recommendation for its treatment of a condition caused by cardiovascular, renal and metabolic diseases.
Breakout for bonds and US dollar ahead, BofA-Merrill Lynch says
Investors continued to rotate towards so-called 'inflation trades', ahead of a likely break-out in bonds and the US dollar, according to the widely-followed weekly tally of fund flows by Bank of America-Merrill Lynch.
Commodities: Dissatisfied traders sell crude on rise in US inventories
Crude-oil futures are rising Friday as traders continue to express dissatisfaction at yet another rise in US inventories amid a long-running global glut of the black liquid.
Sector movers: Miners down most, whiff of poilitical risk in the air
Miners and steel firms fell back as the price for many industrial metals retreated, to the benefit of the more defensive segments of the market, amid a wider pull-back in investors' risk appetite.
French election concerns to keep dragging stocks lower
The upcoming French presidential elections of 23 April and 7 May are a key concern for investors as jitters seeped further into European Markets at the end of the week.
US open: Stocks on the back foot as Dow edges away from record close
US stocks were on the back foot on Friday, tracking their European peers as the Dow looked set to break its run of 10 consecutive record closes.
Small cap news round-up
Africa and Europe-focused upstream gas company Sound Energy upstream said the third Tendrara well, TE-8, has been drilled to the first casing point at a measured depth (MD) of 461m.
FTSE 250 movers: Inmarsat on the rise again, but Rightmove slumps
London's FTSE 250 was down 0. 3% to 18,589. 29 in afternoon trade.
Kibo Mining and Metal Tiger walk away from joint ventures
Tanzania-focussed mineral exploration and development company Kibo Mining announced on Friday that it reached agreement with its joint venture partner Metal Tiger to cease activities at the Pinewood and Morogoro joint ventures with immediate effect, and relinquish the licences back to the local authorities.
US new home sales rise less than expected in January
Sales of new US single-family homes rose less than expected in January, according to official data released on Friday.
US consumer confidence weakens in February
US consumer sentiment weakened in February, according to the final reading from the University of Michigan.
Heathrow pre-tax profit surges as it prepares for expansion
Heathrow posted its results for the 2016 calendar year on Friday, with revenue rising 1. 5% to £2. 81bn and adjusted EBITDA improving 4. 8% to £1. 68bn.