1630:Close UK stocks ended the day moderately in the blue, led by gains in ARM Holdings and Schroders. Barclays outperformed on investors' anticipation of a strategy update, including plans for the lender's investment banking arm. Gross mortgage lending in the UK grew by four per cent month-on-month in March, to reach 15.4bn pounds, according to the Council of Mortgage Lenders (CML). In parallel, the European Automobile Manufacturer's Association announced that vehicle registrations in the UK rose by 18 per cent in March. FTSE 100 up 41 to 6,625.25.
1620: Multilateral talks in Geneva on the Ukraine crisis ended with an agreement on how de-escalate tensions.
1339: Press conference following Geneva Ukraine talks is about to start.
1335: Initial weekly unemployment claims increased by 2,000 in the week ending on April 12th, to reach 304,000, according to the Department of Labour. The consensus estimate had been for an increase to 310,000.
1325: Barclays has announced that it will provide a strategy update on May 8th.
1244: Goldman Sachs has released first quarter earnings per share of 4.02 dollars, well ahead of the 3.49 dollars pencilled in by analysts. FTSE 100 up 8 to 6,592.
1239: Clifford Chance says RBS review found no evidence it purposefully forced small and medium sized enterprises into distress.
1157: Burberry is pulling back after a solid rise the day before after Credit Suisse said it expects profit growth to 'take a break' this year. 'As much as we like Burberry's superior long-term top-line story, we see group margins under pressure in the next two years, which should put a lid on the shares,' the bank said. The stock is down two per cent.
1145: Morgan Stanley published first quarter earnings per share of 68 cents, versus forecasts for 60 cents.
1130: General Electric has released first quarter earnings per share of 33 cents, compared to analysts' forecasts of 32 cents.
1049: Russian President Vladimir Putin has urged the Ukraine and Moldova to lift their blockade of Transdniestria, Interfax reports.
1037: Barclays Chief Executive Antony Jenkins has warned of thousands of further job cuts as part of a company shake-up. In a memo to staff obtained by Sky News, Jenkins said a review to be announced on May 8th would lay out the future of Barclays, including which of its businesses it will focus on and how it will simplify the bank's operations. FTSE 100 down 15 to 6,569.
0933: The Co-operative Group has announced a loss of 2.5bn pounds for the year to January 4th. "The scale of this disaster will rightly shock our members, our customers and our colleagues," said Chief Executive, Richard Pennycook.
0848: RSA Insurance is leading gains on the Footsie after the company announced the sale of its Baltics and Polish businesses. Shares in Diageo are heading the other way after it said organic revenue growth for the year-to-date was being held back by sales declines during the third quarter linked to weakness in emerging markets. Talks in Geneva between the US, Russia and Ukraine and the European Union will be high on the agenda for global financial markets today. FTSE 100 down 15 to 6,569.