Markets afternoon briefing

View an online version of this email here.  All times are London time: Friday Jan 16 2009 FT.com - Financial Markets News Wall Street takes some cheer from bank moves Jan 16 2009 14:06 Moves by banks to shore up their balance sheets helped Wall Street find positive territory at the end of a wild week that saw the US equity market's gains over the past six weeks disappear Read more » FTSE rallies as US bail-out revives spirits Jan 16 2009 14:53 London and European equity markets extended their gains by mid-afternoon on Friday, helped by gains in the banking sector after US authorities approved the release of further bailout cash Read more » Dollar suffers after BofA bail-out Jan 16 2009 10:35 The dollar and the yen lost ground on Friday as news that the US government would invest in major bank provided relief to global asset markets. Read more » Europe breaks seven day losing streak Jan 16 2009 09:32 European equities were higher on Friday as the prospect of US banks receiving further government relief helped the continent's bourses break a seven session losing streak Read more » Commodities stage tentative recovery Jan 16 2009 11:15 Oil prices were mixed while gold, base metals and grains rallied as commodity markets staged a tentative recovery Read more » IEA predicts further fall in oil demand Jan 16 2009 09:52 Global oil demand fell in 2008 and will drop again this year amid the impact of the economic crisis, the first time since 1982 that consumption has declined for two years in a row, the International Energy Agency said Read more » Asia shares rise on back of BoA rescue Jan 16 2009 09:55 Asian stocks rose, reducing demand for government bonds, after a volatile week in which mounting global economic damage stung investor confidence and set up shares for their biggest weekly decline in two months Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.