Wednesday, December 24, 2008

Markets morning briefing

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FT.com
 All times are London time: Wednesday Dec 24 2008


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Christmas Eve brings no cheer for FTSE
Dec 24 2008 08:42
London stocks eased lower on Wednesday as investors wound up positions early on the last trading day of the week, a half-day session ahead of the Christmas break Read more »

Asian shares down on discouraging data
Dec 24 2008 06:27
Asia-Pacific share prices were lower as data showed Japanese manufacturers were less confident about their business prospects, US house prices were dropping quickly, and trading stagnated on many stock markets ahead of Christmas Day Read more »

Citadel and CME win CDS clearing consent
Dec 24 2008 00:36
Approval to launch a clearing house for credit default swaps comes ahead of a rival plan by a consortium of some of Wall Street's biggest names and the InterContinental Exchange Read more »

Opec calls for Russia output cut as oil dips
Dec 23 2008 23:11
The cartel has demanded Russia, the world's largest oil producer outside Opec, deliver on its promise to reduce output to support the energy market as prices dropped further below $40 a barrel Read more »

Sterling falls as UK economy contracts
Dec 23 2008 22:39
The pound came under further pressure on Tuesday as data showed the UK economy contracted by more than expected in the third quarter Read more »

Wall St falls on gloomy economic data
Dec 23 2008 23:16
US stocks turned negative after an early rally in thin volumes as investors digested the government's final and unchanged figure on third-quarter GDP and more data on the housing market. Read more »



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