1630:Close London equities finished the day in the blue, taking their cue from gains Stateside and over on the Continent. That came despite slightly weaker than forecast Chinese importa data released over the weekend. IAG flew higher on reports that subsidiary British Airways is looking to block changes to its pension scheme that could lead to increased payments to its retired employees. Aviva was on the up after being included by analysts at Bank of America in their Europe-1 list. TUI gained ahead the release of its final full-year results, tomorrow. Investors will now be waiting on remarks due out from three Fed speakers and a speech from Governor Carney himself, in New York, at about 17:20. A slew of Chinese data is scheduled for release this evening. FTSE 100 up 7 to 6,559.
1437: Stock in Aviva continues to rise after Bank of America added the insurer to its top European picks list. Petrofac, on the other hand, was downgraded by analysts at UBS to neutral from buy.
1436: "The deal signed in Bali this weekend was reached only after the bulk of the Doha trade agenda was dropped from the negotiations. We doubt that it will make much difference to world trade volumes and nor do we think it signals a renaissance for multilateral trade negotiations," writes Capital Economics.
1401: Kazhamkys has hired Non Ferrous China as a second principal contractor at the group's major copper growth project at Bozshakol. As a result, there will be an increase in the overall budgeted cost for the project of around 350m dollars, versus the previous estimate of 1.9bn dollars. FTSE 100 down 2 to 6,650.
1400: The drop in shares
of Vedanta come after a subsidiary halted operations at the Mount Lyell copper mine, in Tasmania, following an accident which killed two workers.
1359: Aides to leading Democrats and Repulicans have reportedly stated that an agreement to forestall further automatic spending cuts coming into effect in the US is possible before this Friday´s deadline.
1133: Weekend reports about differences of opinion amongst board members at StanChart, regarding a possible cash call, are "off the mark and inaccurate" sources close to the lender are telling Sharecast. FTSE 100 down 11 to 6,541.
1050: HSBC has reportedly denied to Bloomberg an earlier newspaper report that it was eyeing a partial IPO of its UK arm.
1049: Senior Directors at StanChart are apparently debating the need, or not, of a rights issue, according to a report out over the weekend from The Independent. In a research note issued on Monday analysts at Credit Suisse explained to clients that: "We see risks to the guidance given at the recent investor day and our key concern is the limited organic capital generation of the group, which could see a Basel 3 fully loaded ratio go below 10 per cent in the first half of 2014 against a tougher regulatory backdrop."
0840: Oil group Tullow has fallen as it plugged and abandoned its Tultule-1 wildcat well onshore Ethiopia after it failed to encounter oil. Kentz is sharply higher this morning after offering 435m dollars for the oilfield solutions business of US-based Valerus as it looks to expand its offering and increase its footprint in the Americas regions. The FTSE 100 is trading at 6,554.5, up just 2.51 points from Friday's close.
0815: The FTSE 100 has opened flat after a strong surge on Friday following the better-than-expected US jobs report. Asia markets have performed well overnight after data from China which showed that export growth accelerated strongly in November. However, sentiment has been dampened slightly after Japanese GDP growth was revised down to 1.1 per cent in the third quarter, from the initial estimate of 1.9 per cent announced in November. HSBC is higher this morning on market chatter that it is looking to float its UK arm. The FTSE 100 is up 5.64 points at 6,557.63.