Thursday, 2nd July 2015

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London close: Stocks rebound as investors digest Greek rumours

Wed 1st Jul 15, 16:19:03

UK stocks bounced strongly on Wednesday after hitting a new five-month low the previous day as investors continued to digest the latest news flow from Greece, after Athens became the first developed economy to default on a debt repayment to the IMF.

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US close: Stocks edge higher on strong economic data and hopes of Greek compromise

US stocks extended gains on Wednesday, as a plethora of better-than-expected economic reports and hopes of concessions from Greek prime minister Alexis Tsipras kept investors' hopes alive. 7 hours ago

Bonds: BoE will take any action necessary to safeguard financial stability

Analysts are still hopeful that a deal with Greece is possible, but policymakers are now on their guard after the Mediterranean country made history overnight, becoming the first developed nation to fail on a payment to the IMF. 11 hours ago

FX round-up: ECB QE speculation weighs on euro, buoys pound

Risk aversion was again the dominant theme on Tuesday as markets maintained a guarded outlook for the Greek crisis, despite news Athens might now be more likely to accomodate its creditors´ demands. 11 hours ago

Europe close: Stocks rise as hope springs eternal

European stocks ended higher on Wednesday as investors took heart from news that Greek Prime Minister Alexis Tsipras is ready to accept all his creditors' bailout terms, with only a handful of minor changes. 12 hours ago

Deutsche Bank's new CEO Cryan plans major simplification of business model

New chief executive Deutsche Bank John Cryan has set out plans to simplify the business and hinted at major changes in coming years. 14 hours ago

Computacenter's chairman buys new shares

The non-executive chairman of Computacenter has bought new shares in the company. 12 hours ago

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