Market Pulse - Europe
Broker tips: GKN, G4S, Johnson Matthey
Berenberg upped its price target on GKN to 455p from 365p on Monday, sticking with its 'buy' rating as it said it seems inevitable the engineer will end up being owned by Melrose Industries, after it rejected a £7bn bid last week.
Medical students are being urged to help relieve the NHS winter crisis
Undergraduates are voluntarily filling labour gaps at the NHS as it struggles to cope with the winter crisis.
SoftBank may sell 30% of telecoms arm in £13bn IPO
Japanese company SoftBank is studying floating 30% of its mobile phone business SoftBank Corp. in Tokyo and overseas, possibly in the autumn.
Citi upgrades G4S to 'buy'
Citi upgraded its view on G4S stock to 'buy', pointing to an acceleration in organic growth, cost savings, benefits from re-financing and the possibility that the company might benefit from consolidation in its sector.
Europe midday: Stocks off lows despite renewed gains for euro
Stocks are trading on a mixed note, but off their worst levels, even as the single currency continues to gain altitude at a brisk clip.
Berenberg upgrades Johnson Matthey to 'buy'
Analysts at Berenberg upgraded their recommendation on shares of Johnson Matthey from 'hold' to 'buy' on the back of its recent market share gains in European autocatalysts.
Eurozone trade surplus widens in November
The single currency area's foreign trade surplus with the rest of the world rose again in November, led by an improvement in Germany.
Europe open: Stocks dip as euro continues to edge higher
Stocks are dipping lower, weighed down by another upwards move in the single currency and despite the fresh record highs seen on Wall Street at the end of the previous week.
Bonds: Gilts underperform as Brexit uncertainty lifts slightly
These were the movements in some of the most widely-followed 10 year sovereign bond yields: US: 2. 55% (+1bp)UK: 1. 34% (+3bp)Germany: 0. 58% (+0bp)France: 0. 85% (-1bp)Spain: 1. 50% (-4bp)Italy: 1. 98% (-7bp)Portugal: 1. 79% (-4bp)Greece: 4. 0% (+2bp)Japan: 0. 08% (+1bp) .
FX round-up: Pound, euro take out their 2017 highs
Sterling shot higher at the end of the week, with traders referencing a report that the Spanish and Dutch finance ministers were hoping to promote a soft Brexit as the main trigger behind the move.
New UK home asking prices rise 0.7% in January, Rightmove says
Asking prices for new homes coming to market rose in January by slightly more than a year ago, but continued to lag the pace of gains seen in previous years, according to property website Rightmove.