Tuesday, 29th July 2014

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News & Reports

Morrisons names former Tesco exec as new Chairman

Tue 29th Jul 14, 07:29

Benjamin Chiou

Supermarket chain Wm Morrison has appointed Andrew Higginson as its new Chairman, he is due to replace Sir Ian Gibson when he retires next year.

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Support and resistance levels for the main currency pairs


Support and resistance levels for the main equity benchmarks


Tuesday newspaper round-up: Lloyds, Tesco, Tax inversion...

Lloyds Banking Group has been accused of unlawful behaviour by the Bank of England after it emerged its traders had manipulated interest rates in order to cut fees for its emergency lifeline at the height of the financial crisis. [...] The revelations unleashed an angry attack by Mark Carney, the Bank of England's governor, who said: "Such manipulation is highly reprehensible, clearly unlawful and may amount to criminal conduct on the part of the individuals involved." - The Guardian 45 minutes ago

US midday: Stocks recover from early swoon

US stocks erased early declines triggered by a report showing home sales dropped unexpectedly in June and despite reports the US could soon announce new sanctions against Russia. 13 hours ago

Bonds: Treasuries edge lower as traders position for FOMC, jobs report

The following were the yield and basis point (bp) movements of some of the most-watched 10-year bonds this afternoon: 13 hours ago

Russia says sanctions may boost economic independence

Russia has said that new US and European sanctions would boost its economic independence. 14 hours ago

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