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US central bank should be careful when raising rates, Fed's Kaplan says
One of the highest-ranking US central bank officials argued for caution when deciding on the pace of interest rate hikes.
Broker tips: Wolseley, DFS Furniture
Liberum upgraded heating and plumbing products distributor Wolseley to ‘buy’ from ‘hold’ and bumped up the price target to 5,300p from 4,975p.
Barclays stays at 'overweight' on Drax
Barclays reiterated its 'overweight' recommendation on shares of Drax the day after the company announced its new dividend policy.
Results round-up
Tesco romped off to a strong start to its new financial year, with Britain's biggest grocer delivering first quarter UK sales ahead of City expectations despite current tough conditions for the wider retail industry.
Berenberg cuts DFS target price on risk of weak UK consumer confidence
Analysts at Berenberg cut their target price for shares of DFS Furniture due to the risk that the soft UK environment might extend into the company's 2018 fiscal year.
Europe close: Investors hail progress on Greece
European stocks were modestly higher at the end of the week on the heels of progress overnight on debt relief for Greece.
US open: Amazon.com throws grocers into disarray amid derivatives expiry
Wall Street was mired in negative territory following weaker than expected economic data and after Amazon. com announced the takeover of Whole Foods amid the quarterly expiry of futures and options on shares and indices, the so-called 'quadruple witching'.
Week ahead: Brexit talks, French elections in focus
Politics will continue to be front-and-centre next week as Brexit negotiations between the UK and European Union kick-off, although Monday is expected to be the only day of talks next week.
Consumer sentiment sours after Comey testimony, University of Michigan says
Consumer sentiment in the States soured in the wake of ex-Federal Bureau of Investigation chief James Comey's Senate testimony, the results of the most widely-followed gauge of the consumer climate revealed.
May US housing starts miss forecasts
Activity in the US housing market cooled sharply last month.
Europe midday: Stocks rise on car sales data, Greece optimism
European stocks were modestly higher at the end of the week on the back of improved European car sales data and on the heels of progress overnight on debt relief for Greece.