Investors' focus over the coming week will shift towards prices, with readings for consumer price inflation in the U. S. and China due out.
Stocks staged a surprising rally on Friday, quickly erasing early losses after non-farm payrolls figures blew forecasts out of the water.
European markets appeared to shrug off data showing that America's jobs market went into overdrive in September.
London stocks managed an uplifting performance on Friday, buoyed by optimistic economic data from the United States and a wave of speculative trading focussed on Aviva.
The FTSE 100 ended the week down 113. 5 points, or 1. 49%, closing at 7,494. 58 on Friday.
London’s FTSE 250 was up 0. 5% at 17,694. 49 in afternoon trade on Friday.
Hiring in the U. S. sprang back in September, easily outpacing all forecasts.
Wall Street indices were in the red at the end of the week following the release a blow-out non-farm payrolls report for the month of September.
Citi has downgraded its average rating for UK stocks to 'underweight', saying the region's heavy exposure to oil could lead to a raft of earnings downgrades in the near future.
Engineering services firm Plexus Holdings announced the successful completion of its plug and abandonment (P&A) equipment and services campaign for Oceaneering International on Friday.
AssetCo and its fully-owned subsidiary River & Mercantile Holdings announced an agreement on Friday to transfer its corporate partnership interest in River and Mercantile Infrastructure Income Fund’s investment adviser, RMI, to a partnership within RMI helmed by managing partner Ian Berry.
Asiamet Resources updated the market on the BKM copper project in Central Kalimantan, Indonesia, on Friday, reporting robust advancements in multiple work streams related to its development.
Kazera Global updated the market on promising developments at its ongoing Walviskop heavy minerals sands (HMS) project in Alexander Bay, South Africa, on Friday.
Power Metal Resources updated the market on exploration developments at its Molopo Farms Complex Project (MFC) in southwestern Botswana on Friday, emphasising its pursuit of a district-scale nickel (Ni) and platinum group element (PGE) discovery.
London’s FTSE 100 was up 0. 5% at 7,487. 42 in afternoon trade on Friday.
Bank of America Merrill Lynch reiterated its ‘buy’ rating on THG on Friday as it argued that margins are improving and it’s now time for growth.
Filtronic revealed on Friday that chairman Jonathan Neale had acquired 65,281 ordinary shares in the AIM-listed subsystems designer.
Aviva surged on Friday after markets blog Betaville suggested in one of its ‘uncooked’ alerts that the insurance group was at the centre of takeover talk.
Diagnostic artificial intelligence (AI) specialist Renalytix announced an enhancement to its intellectual property portfolio for its KidneyIntelX. dkd test on Friday.
Industrial engineering specialist the 600 Group announced the signing of a non-binding letter of intent (LOI) through its wholly-owned US division to potentially offload a majority interest in its TYKMA Electrox and Control Micro Systems industrial laser operations in the United States.
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