Market Pulse
FX round-up: Euro trades at two-year highs aided by continued dollar weakness
Currency movements in Tuesday's session were a little more exciting than they were at the start of the week, with sterling up against the dollar and the euro following suit, with EUR/USD trading at two-year highs.
Commodities: Profit-taking hits gold ahead of FOMC statement
Tuesday saw some money coming off the table as investors looked to be taking some profits on gold ahead of Wednesday's FOMC statement after a month high of $1,258 was hit in the previous session.
London close: FTSE pushes higher with help from miners
London stocks closed higher on Tuesday, underpinned by strength in the mining sector as investors digested a flurry of earnings reports.
Europe close: Stocks boosted by basic resources, German Ifo
European stocks ended higher on Tuesday, with basic resources pacing the advance as investors cheered an upbeat reading on German business confidence.
Caterpillar boosted 5% after Q2 earnings beat
Construction machinery giant Caterpillar surged over 5% higher in the Dow Jones on Tuesday after a second-quarter earnings report which beat expectations.
Wednesday preview: GSK, ITV results in focus ahead of GDP growth figure
On Wednesday the early focus will be on another busy day of results season and later a preliminary reading on UK economic growth and bank lending, before later in the day the US Federal Reserve will make a statement on monetary policy.
General Motors surpasses estimates in Q2, vows to trim inventory
US carmaker General Motors cut costs in the second quarter to post a better-than-expected net income for the period, according to its latest earnings report.
Acquisitions continue to lift Restore
Office services provider Restore said its trading in the first six months of the year was in line with expectations on Tuesday, as it continued to benefit from the 2016 acquisition of PHS Data Solutions.
US open: Stocks mostly higher as investors wade through earnings avalanche
US stocks were mostly higher at the open on Tuesday as investors waded through an avalanche of earnings and digested a better-than-expected reading on US consumer confidence.
US consumer confidence unexpectedly improves in July
US consumer confidence unexpectedly rose to a four-month high in July, according to the latest data from the Conference Board.
US house price growth slows in May - S&P/Case-Shiller
US house price growth eased in May, according to the S&P/Case-Shiller National Home Price Index.
Big Sofa expecting 'significant' growth, shareholders hear
Video analytics provider Big Sofa Technologies expected to deliver “material revenue growth” in the current financial year, its shareholders heard on Tuesday, thanks to “significant customer partnerships” with the likes of Procter & Gamble, Ipsos, Unilever and SC Johnson.
Anglo American expecting $210m contribution from Kumba Iron Ore
Kumba Iron Ore, which is majority owned by FTSE 100 mining giant Anglo American, reinstated its dividend as it reported headline earnings of ZAR 4. 6bn (£272. 58m) for the six months to 30 June on Tuesday.
Standard Life-Aberdeen merger to complete in August after FCA approval
The merger between Standard Life and Aberdeen Asset Management has been approved by the Financial Conduct Authority and the Prudential Regulation Authority.
Strategic Minerals receives approval for Hanns Camp works
Mineral production and development company Strategic Minerals has received approval from the Western Australian government for a series of works on several properties within the Hanns Camp nickel-copper project.
Air Partner agrees re-marketing deal with Saudi Arabian Airlines
The aircraft re-marketing division of Air Partner, has been appointed by Saudi Arabian Airlines (Saudia) as its exclusive re-marketing agent to its fleet of 15 Boeing aircraft.
Standard Life, Aberdeen merger gets green light from UK regulators
Standard Life's £11bn merger with Aberdeen Asset Management has been given the green light by UK regulators.
FCA proposes banks increase transparency to customers
The UK financial watchdog has launched proposals to help customers make comparisons for business and personal current accounts.
FTSE 250 movers: Victrex rallies after update; Acacia loses its shine
London's FTSE 250 was up 0. 1% to 19,632. 77 in afternoon trade as investors sifted through earnings.
EU Supply strikes another deal under framework agreement
E-procurement software provider EU Supply received its second contract under the new framework agreement entered into with an unnamed existing customer, for additional services to its ‘CTM’ platform, which was announced on 16 June.