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Market summary

3:21pm BST

World markets

Shanghai 2,821.05 -1.40 (-0.05%)
S&P 500 2,093.82 +3.72 (0.18%)
Nikkei 225 16,834.84 +62.38 (0.37%)
Hang Seng Index 20,576.77 +179.66 (0.88%)
TSEC 8,463.61 +69.49 (0.83%)
EURO STOXX 50 3,076.59 +5.38 (0.18%)
CAC 40 4,509.63 -3.01 (-0.07%)
S&P TSX 14,113.42 +64.22 (0.46%)
S&P/ASX 200 5,405.90 +17.80 (0.33%)
BSE Sensex 26,653.60 +286.92 (1.09%)
TA25 1,430.50 -10.19 (-0.71%)
SMI 8,294.35 +64.80 (0.79%)
ATX 2,267.64 -5.06 (-0.22%)
IBOVESPA 49,667.04 +184.18 (0.37%)
SET 1,412.67 +11.03 (0.79%)
BIST100 78,058.84 +23.21 (0.03%)
IBEX 9,104.30 +25.10 (0.28%)
WIG 46,602.66 -92.71 (-0.20%)
TASI 6,482.48 -34.01 (-0.52%)
MERVAL 12,670.41 0.00 (0.00%)
IPC 46,081.76 +42.07 (0.09%)
IDX Composite 4,814.73 +30.17 (0.63%)

Currencies

GBP/USD 1.4642 -0.0023 (-0.16%)
GBP/EUR 1.3147 +0.0043 (0.33%)
GBP/JPY 160.8735 -0.0137 (-0.01%)
GBP/HKD 11.3699 -0.0184 (-0.16%)
GBP/CNY 9.6108 -0.0044 (-0.05%)
GBP/AUD 2.0356 +0.0059 (0.29%)
Forward misguidance: Unreliable central banks are fuelling market volatility
At the bottom of every financial prediction or statement, often buried under mountains of small print, is a warning that past performance is not necessarily indicative of future results.
US GDP growth revised higher, ahead of Yellen comments– business live  
A Turning Point on Inflation for the ECB?  
Market Chart
6,260.61 -5.04 (-0.08%)
17,201.51 +8.68 (0.05%)
3,442.98 -1.80 (-0.05%)
3,810.28 -3.54 (-0.09%)

Top stories

... * Second reading of Q1 GDP at 0.8 pct vs. 0.9 pct est. * Yellen to speak at 1:15 p.m. ET. * GameStop drops after forecast falls short of expectations.
A warning that every household would be �4,300 worse off as a result of leaving the European Union is based on a false assumption about the value of the single market to British trade, according to a think-tank.
The boss of the company formerly known as Quindell has insisted the firm has put its scandal-hit past behind it, despite the troubled business slumping to yet another heavy annual loss.
Lloyds Banking Group is hoping to do its first acquisition since the UK lender was rescued by taxpayers in 2009, as it prepares to bid for Bank of America's �7bn credit card business in Britain.
Jobs in banking and finance have often been identified with the highest wages but other industries are catching up quickly. Marketing and communication managers received the biggest salary increase of any role in 2015 up by 37 per cent to �70,000.

Trends

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