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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US close: Wall Street picks up confidence from Fed statement

(ShareCast News) - US stocks took confidence from the Federal Reserve's more confident statement released late in Wednesday's session to regain some of the losses from Friday and Monday. 23 minutes ago

Federal Reserve statement leaves September US rate hike on the cards

(ShareCast News) - The Federal Reserve's held interest rates steady, but subtly different comments left the market feeling slightly more confident about the timing of rate lift-off. 2 hours ago

Bonds: Yields rise ahead of FOMC

(ShareCast News) - US: 2.29% (+4bp) 4 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. 5 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. 6 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. 6 hours ago

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