Monday, December 29, 2008

Markets afternoon briefing

 View an online version of this email here.

FT.com
 All times are London time: Monday Dec 29 2008


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Wall Street stocks seek momentum
Dec 29 2008 13:56
Wall Street stocks could struggle for momentum in holiday-thinned trading, although the commodity sectors were poised to provide support as escalating violence in the Middle East prompted a jump in oil and gold prices Read more »

Pound drops to fresh record low against euro
Dec 29 2008 12:23
The pound dropped to a fresh record low against the euro on Monday, falling closer to parity against the single currency on expectations that UK interest rates were headed lower. Read more »

Oil and gold higher on Middle East violence
Dec 29 2008 11:42
Oil and gold prices jumped amid escalating violence in the Middle East as Israeli war planes continued their attacks on the Gaza Strip for a third day Read more »

Commodities lead European shares higher
Dec 29 2008 11:25
European shares climbed on Monday in thin trade as firmer crude and metals prices supported commodity stocks. Read more »

FTSE gains on resources rally
Dec 29 2008 12:00
London's equity market was sharply higher on Monday, with miners and oil stocks at the heart of a resources-led rally Read more »

Merger talk lifts Asian share prices
Dec 29 2008 09:37
Merger talk lifted share prices across Asia Pacific out of negative territory with reports that three Japanese non-life insurance companies were considering combining their operations Read more »



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