- Spot Return: price return on specified commodity futures contracts;
- Roll Yield: impact due to migration of futures positions from near to far contracts; and
- Collateral Yield: return earned on collateral for the futures.
Following a record disappointment from HSBC, the rest of London's banks are now in the crosshairs
The bailed-out lender is exploring an alternative plan after saying it will miss an EC target to dispose of assets, including Williams & Glyn, and repay state aid
Kraft Heinz's offer for Unilever boosted the FTSE 100 in London, but markets were in the red elsewhere.
Wall Street smashes records again on Tuesday, closing at all-time highs for its fourth consecutive session.