Tuesday, 28th July 2015

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London close: Investors play it safe ahead of Fed meeting

Tue 28th Jul 15, 17:56:15

Alexander Bueso

(ShareCast News) - The selling pressure let up ahead of the start of a two-day policy meeting from the US Federal Reserve, with some investors braced in case the post-meeting statement sprang any surprises.

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US Close: Stocks gain as Fed meeting kicks off

(ShareCast News) - US markets broke a five day losing streak as investors were encouraged by signs of a Chinese recovery and the Federal Reserve headed into a two day meeting. 12 minutes ago

Bonds: Credit Suisse thinks markets underpricing medium-term rise in Bank Rate

(ShareCast News) - These were the movements in the yields of the most widely followed long-term sovereign bonds: 2 hours ago

1pm acquires MH Holdings for 12m

(ShareCast News) - Finance firm 1pm has acquired MH Holdings for 12m and plans to raise 7.3m in a placing of shares to fund the deal. 6 hours ago

Royal Mail offers unfavourable risk/reward, says RBC

(ShareCast News) - After Royal Mail shares were hit by accusations of breaching competition law by regulator Ofcom, broker RBC Capital Markets held onto its 'underperform' rating and target price of 475p. 5 hours ago

MX Oil's chairman buys 2.25m shares

(ShareCast News) - The chairman of Mx Oil bought 2.25m shares in the company one day after announcing the group has started drilling in an offshore in Nigeria. 6 hours ago

Wednesday preview: FOMC announces interest rate decision

(ShareCast News) - The Federal Reserve is on Wednesday expected to keep interest rates near zero but the market will be looking for fresh hints on the timing of an increase. 9 hours ago

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