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Lloyds, Barclays, HSBC, Standard Chartered RBS added circa 20 points to the FTSE in London.
Standard Chartered (+3%). Also raised to buy at Maybank Kim Eng.
Lloyds (+2.65%) On Nomura’s list of preferred banks which have circa 30% additional upside to price targets
EXPERIAN (-4.56%) The world's biggest consumer credit monitoring firm, on Thursday disclosed a massive data breach that exposed sensitive personal data of some 15m people who applied for service with T-Mobile US.
H&M (+0.09%) To open first store in India Friday with people queuing up since last night.
VW (-1.18%) As claims against Volkswagen AG for selling “clean diesel” cars that cheated their way past emissions tests pile up across the U.S., the key question for lawyers is which court will wind up hearing them. (BB) VW CEO, EPA called to testify at House Committee on Emissions Scandal.
VODAFONE (1.42%): UBS consider the recovery underestimated and expect VOD to deliver a solid quarter with +0.7% organic service revenue growth for Q2-16.
Schroders: (+2.55%) Raised to buy at Numis. Average 12 month target price at 3318p
Whilst risk sentiment has been healthy across the week, this swelling optimism boosted US stock markets to an all-time high overnight. A rally in tech stocks, which have done a lot of lifting for the indices over the year, in addition to fading concerns over U…Read more
Despite a shaky end to trading on Wall Street overnight, which saw the Dow gain 0.6%, the S&P just 0.1% and the Nasdaq slip by the same, Asian markets moved broadly higher on improved sentiment. European bourses are taking the lead from the US over Asia, w…Read more
Asian markets took the lead from Wall Street overnight, rallying as the latest tit for tat measures in the escalating trade spat have not been quite as severe as the markets had been expecting. Tech stocks were also heavily in demand, bouncing back after steep…Read more
Traders are faced with a sea of red in risk-off trading as markets are set to open on Tuesday. Despite the fact the market has been expecting an escalation in trade tensions between the world’s two largest economies with further tariffs from Trump; the reality…Read more
Escalating trade tensions will once again be a central theme to driving sentiment and trading this week, with President Trump widely expected to levy tariffs on a further $200 billion worth of Chinese imports, potentially as soon as today. The elevated trade c…Read more
European bourses are set to take the lead from a positive session on Wall Street and Asia overnight. A drive higher from tech stocks on Wall Street helped lift Asian equities after their recent battering, pulling them off 2-year lows.
Asian markets were endin…Read more
Today will be a busy day for traders with 2 central bank rate decisions and US inflation data all due for release within a few hours of each other. The BoE monetary policy announcement will kick things off, followed shortly after by the ECB rate announcement a…Read more
Wall Street traded higher overnight shrugging off trade tensions, amid rallying tech stocks led by Apple and a 2% gain in oil prices. Meanwhile, Europe is looking to take the lead from the US with European bourses broadly looking to start the session on the fr…Read more