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FX round-up: Volatility spikes as traders sift through Brexit headlines
Thursday proved to be a volatile session for sterling traders, despite the generally 'risk-on' backdrop in financial markets globally following reports that Beijing was still open to a limited trade deal.
Commodities: Oil futures relinquish gains ahead of trade talks, but gold wanted
Commodity prices were little changed come Thursday afternoon as traders waited on the result of the 13th round of US-China trade talks scheduled for over the next two days.
BT launches new programmes to boost UK potential
BT Group has launched an unprecedented range of new products, services and skills programmes to help boost the UK’s potential and create a better connected Britain.
Thursday preview: UK GDP, Mondi in focus
The focus on Thursday will be on a raft of UK economic data, including a reading on gross domestic product and industrial production in August.
Europe close: Stocks gain ahead of high-level US-China trade talks
European stocks jumped on Wednesday following positive news on Sino-US trade relations and after the chairman of the US Federal Reserve indicated an openness to further interest rate cuts if necessary.
London close: Stocks stabilise but analysts remain cautious
London's top-flight index edged higher on Wednesday on the back of an improved news-flow ahead of this week's Sino-US trade talks, but analysts remained cautious.
Capital Economics raises 2020 Brent crude oil price forecast from $65 to $70
Analysts at Capital Economics bumped-up their forecast for the end-2020 Brent crude oil price on the back of their projections for continued restrained supply growth, "somewhat" stronger growth and improved risk appetite on the back of easier monetary policy.
Broker tips: Hargreaves Lansdown, Ashmore, Jupiter Fund Management, Pets At Home
Analysts at JP Morgan trimmed their target prices for three of the UK's largest 'asset gatherers' to reflect "subdued" net flows over the third quarter.
Director dealings: Prudential director ups stake
Prudential revealed on Wednesday that chief risk and compliance officer James Turner had acquired 25,000 ordinary shares in the FTSE 100-listed life insurance firm.
Berenberg ups target on Pets At Home as turnaround attracts attention
Analysts at Berenberg raised their price target on British pet supplies retailer Pets At Home from 175p to 210p on Wednesday, noting there was still plenty of investor interest in its turnaround story.
Links of London goes into administration
Jewellery chain Links of London has gone into administration, putting 350 jobs at risk.
FTSE 250 movers: GVC gains, 4Imprint falls
London's FTSE 250 was up by 0. 17% at 19,233. 82 in afternoon trade on Wednesday, with shares of GVC Holdings leading the index higher.
US open: Stocks turn green as China opens up to partial trade deal with Washington
US stocks opened higher on Wednesday after reports circulated that Beijing was open to a partial trade deal with Washington.
Good Energy flags cost savings as part of tech deal with Kraken
Renewable electricity supplier and energy services provider Good Energy Group announced an agreement with Kraken Technologies - part of Octopus Group - for the provision of a new customer services technology platform on Wednesday.
ECB's Praet responds to criticism of low interest rates, calls for fiscal stimulus
A former top European Central Bank official criticised other veterans of the institution for their criticism of the Governing Council's recent decision to provide more open-ended forward guidance, potentially locking-in lower policy interest rates for much longer.
FTSE 100 movers: LSE recovers some ground; Rightmove retreats
London’s FTSE 100 was up 0. 3% at 7,162. 67 in afternoon trade on Wednesday amid renewed hopes over a Sino-US trade deal.
Turkish forces march into Northern Syria after US withdrawal
Turkish troops have launched an offensive into Northern Syria just days after US President Donald Trump controversially announced the withdrawal of some US troops from the area.
Tremor International expands video advertising platform offer
Advertising technology provider Tremor International announced on Wednesday that its brand advertising division has introduced a number of self-service enhancements to its existing ‘Demand-side Platform’ (DSP) within its programmatic video division.
Hanno Pengilly promoted to CEO of Ncondezi Energy
Ncondezi Energy announced the appointment of Hanno Pengilly as a director and its new chief executive officer on Wednesday.
Activision Blizzard faces boycott calls after banning Hong Kong gamer
Activision Blizzard was facing a growing online backlash after the US games giant banned a professional e-sports player for showing support for protestors in Hong Kong.