Friday, 6th March 2015

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News & Reports

London close: Stocks retreat as Fed rate fears outweigh ECB stimulus

Fri 6th Mar 15, 16:36:52

One day after loose monetary policy in Europe pushed UK stocks to a new record high, fears about a sooner-than-expected tightening in the States dragged markets lower on Friday after a forecast-smashing US jobs report.

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Europe close: Stocks mixed as US non-farm payrolls beat estimates

European stocks were mixed as the US non-farm payrolls report smashed expectations. 1 hour ago

Brazil's real underperforms US dollar despite rate hike by central bank

A rate hike by the Brazilian central bank was not enough to stabilise the country's currency which continues to underperform against the US dollar. 1 hour ago

Rangers EGM votes in King and forces out Ashley associates

Shareholders overwhelmingly voted to replace the management team previously put in place at Rangers Football Club by major shareholder Mike Ashley. 58 minutes ago

Week ahead: Eurogroup meeting and Chinese data in focus

In the aftermath of last Friday's US non-farm payrolls investors will most likely be keying in to Monday's Eurogroup meeting of finance ministers, analysts at Investec say, given the on-going Greek tragicomedy. 1 hour ago

Aga Rangemaster expects better this year after profit falls in 2014

Range cooker specialist Aga Rangemaster Group served up a mixed platter of results for 2014 with profit down by a third, but suggested a tastier outcome was in the oven for the current year. 3 hours ago

Sector movers: Vodafone drags telecoms lower as Nomura highlights dividend risk

Vodafone was not connecting with shareholders on Friday as a falling share price pulled the mobile telecoms sector into the red on the back of gloomy comments from broker Nomura. 3 hours ago

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