Pick of the early market news

The FTSE 100 barely budged on news of credit agency Moody's 'Negative' outlook warning yesterday. It closed down -5.83 points, a -0.10% slip with RBS and Rio Tinto recording the biggest falls (-5.16% and -3.07% down respectively).

But Bunzl and BAE Systems both saw rises (3.7% and 2.94% up). Overnight, Asian stocks rallied with the Nikkei lifting 2.7%.