Wednesday, 29th July 2015

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News & Reports

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. 3 hours 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: 5 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. 9 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. 8 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. 9 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. 12 hours ago

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