MARKET REPORT
22 Jan
white house
US close: Markets on a high as government shutdown deal tentatively reached

Wall Street's main market gauges began the week trading on a positive note, after Congress struck a deal to end the federal government shutdown which had been in place since Friday.

22 Jan
united states us america washington congress
Senate reaches temporary agreement over budget

A bipartisan group of negotiators has reached across the aisle to finalise an agreement to reopen the US federal government almost 60 hours after it first shut down.

22 Jan
fmi sede imf
IMF improves forecasts for world growth in 2018 and 2019 to 3.9%

The IMF maintains its growth prediction for the UK in 2018 at 1. 5% but cuts its forecast for 2019 by one tenth of a percentage point, to 1. 5% as well.

22 Jan
dollar-fed-taux-monnaie-crise-monetaire-fmi-billet-drapeau
Commodities: Base metals find slight bid

Commodities found a slight bid at the start of the week, centred on base metals and agriculture futures.

22 Jan
libra 630 inglaterra uk pound
FX round-up: Macron interview pushes pound towards first Fibonacci resistance

Sterling continued to move higher at the start of the week after French Prime Minister Emmanuele Macron appeared to hold the door open to a bespoke trading arrangement for the UK after Brexit.

22 Jan
1euro
Europe close: Periphery stocks outperform amid sovereign debt upgrades

Periphery stocks outperformed on Monday, following sovereign debt upgrades for Greece and Spain, amid news that delegates from Germany's SPD party voted to start formal talks with the CDU/CSU on creating a grand coalition in the country.

22 Jan
factory, GKN, industrial, engineer
SMEs will suffer most from Brexit, study reveals

Innovative and export oriented firms and SMEs operating in high-tech and service-related industries will be the most negatively affected by Brexit, according to research.

22 Jan
London Stock Exchange AIM LSE shares
London close: Sterling strength saps stocks

London's top flight index sagged a little as France's Prime Minister, Emmanuel Macron held out the possibility of a bespoke trading arrangement for the UK after Brexit, boosting the value of the pound, and with bookmakers under the cosh amid speculation the government is planning a £2 maximum stake on betting machines.

22 Jan
Copper
Atalaya sees production increases in first full year of operations at Proyecto Riotinto

Cyprus-based copper company Atalaya Mining produced 37,164 tonnes of copper at its Proyecto Riotinto over its first full calendar year, up from the 26,179 tonnes mined in 2016.

22 Jan
revolution bars drink alcohol
Revolution Bars grows holiday sales for fifth consecutive year

Premium bar operator Revolution Bars saw total revenue jump 10. 6% in the six months leading to 30 December, as four newly opened venues gave the group an extra boost during the all-important Christmas and New Year trading period.

22 Jan
tesco, grocery, supermarket
Tesco to revamp operational structures

Tesco has today announced changes to simplify its operational structures, improve efficiency and give line managers clearer accountability for colleague and customer experience.

22 Jan
capitolio
US open: Stocks mixed, investors wait on Senate vote on government shutdown

Wall Street's main market gauges have begun the week trading on a slightly mixed note, following the US Senate's inability to avoid a federal government shutdown during the previous session.

22 Jan
n brown simplybe
Tuesday preview: Spotlight on results from Easyjet, N Brown, Pets at Home

Tuesday sees updates on UK public finances and the CBI's industrial trends survey, with the Bank of Japan's policy statement for early risers and company updates from Easyjet, SSP and retailers N Brown and Pets at Home.

22 Jan
Money pounds sterling
Strix Group reports solid progress at full year

Designer, manufacturer and supplier of kettle safety controls and other complementary water temperature management components Strix Group updated the market on its trading for the year to 31 December 2017 on Monday.

22 Jan
oilfield
Angus Energy enters partnership at Balcombe Field

Conventional oil and gas production and development company Angus Energy announced on Monday that it has entered into a definitive agreement to form a new partnership with Cuadrilla Balcombe and Lucas Bolney.

22 Jan
meeting, takeover, talks, bid, merger, acquisition, directors
ADM makes bid for Bunge, Glencore seen lying in wait

US grain merchant Archer Daniels Midland (ADM) has proposed a takeover of New York-based agribusiness Bunge, a move that could potentially set off a bidding war with rival Glencore.

22 Jan
barclays, jes staley
Barclays climbs after Tiger hedge fund builds stake

Shares in Barclays were boosted on Monday after news that a US hedge funds had made a £1bn bet on the bank's rebound.

22 Jan
aig
AIG reaches deal to acquire Bermudian insurer for $5.56bn

Global insurance company American International Group (AIG) has inked a deal to acquire Bermuda-based insurer and reinsurer Validus Holdings for $5. 56bn, as the group's new chief executive looked to reverse nearly ten years' worth of asset declines as a result of its near collapse in 2008.

22 Jan
ocado,grocery
FTSE 250 movers: Ocado surges on tie-up news; bookies slump

London's FTSE 250 was up 0. 1% to 20,666. 65 in afternoon trade on Monday, with Ocado putting in an impressive performance.

22 Jan
calculatrice-et-trombones-comptes-entrepreneurs-entreprises-argent-finances-tpe-pme-entreprenariat-finances-banques-startup-business-plan-argent
APC Technology to distribute 3D PLUS in UK and Ireland

Specialist technologies and electronic components designer, specifier and distributor APC Technology Group has signed an agreement to become the UK and Ireland distributor for 3D PLUS, a manufacturer of advanced high-density 3D microelectronics products for space applications, it announced on Monday.