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| Europe soft as US budget impasse lingers |
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| Equities struggle for foothold as US government shutdown drags on, with a quick resolution to the budget stand-off looking increasingly unlikely |
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| CME takes on LME with aluminium contract |
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| The LME's aluminium contract has been at the focus of a wave of criticism of the exchange due to long queues to take delivery of the metal from some of the exchange's network of warehouses |
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| US regulators plan 'time out' for repo |
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| Concern at repo market's tendency towards 'fire sales', where assets underlying loans are sold off in a way that sparks pullback from other securities |
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| London increases share of renminbi trade |
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| London is cementing its place as a global hub for offshore renminbi, as new market players drive a rapid rise in international trading of the Chinese currency |
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| US stand-off overshadows Europe's markets |
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| Retail and home sales are still rising in the UK, but the prospects for the US economy if a Washington budget impasse is not resolved is preventing any optimism on the London markets this morning |
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| Surging shale output shakes up US gas |
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| The northeast, traditionally the biggest gas consumer, will become a net supplier to other regions, Bentek Energy says in a new long-term market outlook |
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| Africa bond issues soar to record sums |
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| The record issuance comes as the World Bank on Monday warned that Africa's economic outlook could suffer due to the impact of higher global interest rates |
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| Bats Chi-X moves into listings business |
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| Move into fast-growing passive asset class marks BATS first foray to exploit its new status as a regulated exchange, granted by UK authorities in May |
