Wednesday, 29th July 2015

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London close: Defensives lead gains ahead of Fed meeting

Wed 29th Jul 15, 17:37:12

Alexander Bueso

(ShareCast News) - Equity markets bounced back ahead of the policy announcement due out from the US Federal Reserve later on Wednesday, as investors waited for more clarity from the central bank before making any moves.

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Bonds: Yields rise ahead of FOMC

(ShareCast News) - US: 2.29% (+4bp) 2 hours ago

Europe close: Most stocks higher as China market stabilises

(ShareCast News) - European stocks outside of Italy rallied as China's equity markets stabilised and investors welcomed a slate of positive earnings reports. 3 hours ago

BBGI buys into two PPPs in Northern Ireland

(ShareCast News) - BBGI said it would invest in two PPP projects from John Graham Holdings in Northern Ireland for 11.7m. 4 hours ago

Rexel falls on sales slowdown

(ShareCast News) - Shares in Rexel fell after the company reported a slowdown in organic sales and said full year targets were now at the lower end of guidance. 4 hours ago

Commodities: Oil benchmarks firm up in Europe, after dropping to six-month low

(ShareCast News) - The commodities market remained on a rocky footing on Wednesday, as oil benchmarks firmed up near six-month lows with spot precious metals also stabilising at relatively lower levels. 6 hours ago

Results Round-up

(ShareCast News) - Property website Rightmove saw its half-year revenues and profits grow thanks to new customers and a rise in property listings. 4 hours ago

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