MARKETS

GBP/USD fell to 1.4603 from the previous close of 1.4675, reversing much of the 0.75% move off Monday's five-year low.

A potential deal could create a European telecoms equipment giant worth over €40bn.

The ringgit is just 280 pips away from last month's six-year low of 3.7381/dollar.

Slowing China likely to push investors more towards US which is forecast to raise rates.

Mining giants Anglo American, Antofagasta and BHP Billiton drag the FTSE down to 7,064.30

Islands referred to as Malvinas in Argentina thought to be rich in resources.

Major shareholder Jana Partners wants chip maker to consider spinning off chip unit from patent-licensing business.

IEA chief economist Fatih Birol says lifting of sanctions on Tehran to have a limited impact on global oil prices.

Libya's biggest oil port Es Sider may reopen in a week adding to an oversupplied market.

India's gold imports more than doubled to 125 tonnes in March, from 60 tonnes in the same period a year ago.

Six Fed officials including the Vice Chair Stanley Fischer are also scheduled to speak this week.

GE CEO Jeff Immelt and other executives say they plan to spend $3bn to $5bn a year on industrial acquisitions.

The FTSE 100 finished on 7,089.77.

The Bank of Canada will review monetary policy next Wednesday, and the March CPI numbers will be out the next day.

Uncertainty surrounding general elections also weigh on pound, analysts said.

EUR/USD is likely to break below the 1.055 barrier and retest the 13 March low of 1.0462 early next week.

RBS's India diamond and jewellery financing loan book stands at about £491m.

The Australian dollar traded higher despite a stronger US dollar on China signals.

BG Group shares rose by 0.15% to finish on 1,154.72.

Oil prices still keeping the upward trend since mid-January.

Over a dozen energy firms buy hedges from lenders, including JPMorgan, Wells Fargo, Citigroup and the Bank of America.

Euro is off one-week low vs dollar and yen, but reverses gains against pound.

Pound is also down vs euro and yen ahead of the meeting.

Up to 100 billion barrels discovered but only 3% would be extractable says UKOG.

Ant, which runs Alipay, has also launched China's first e-commerce based stock index: CSI Taojin Big Data 100 Index.

Rating agency says structural reforms and declining oil prices will boost growth.

Class A and B Royal Dutch Shell shares plummet in value on news of takeover of BG Group

The first-quarter of 2015 saw $372bn of bond deals from North American issuers, setting a new record.

The Shanghai Composite index has gained 94% over the past year and Mobius believes Chinese stocks have risen too fast.