Thursday, January 22, 2009

Markets afternoon briefing

 View an online version of this email here.

FT.com
 All times are London time: Thursday Jan 22 2009


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Downbeat earnings set to weigh on Wall St
Jan 22 2009 14:07
US stocks could struggle on Thursday to continue the positive momentum of the previous session's rebound as more downbeat economic data and earnings reports returned to haunt Wall Street Read more »

Government action boosts European banks
Jan 22 2009 11:00
Europe's banks continued to stage a mini-rally on Thursday after hitting a near-16 year low earlier in the week Read more »

Bank deposits at ECB drop sharply
Jan 22 2009 13:43
The amount of cash eurozone banks park at the European Central Bank dropped dramatically and overnight market rates moved sharply lower as the full force of last week's interest rate decision came into effect Read more »

Pound heads down towards lows
Jan 22 2009 13:14
The pound suffered on Thursday, falling back down towards the 23-year low it hit against the dollar on Wednesday. Read more »

Barclays gives up early gains
Jan 22 2009 12:27
Barclays was once again under pressure in London on Thursday despite the rest of the banking sector making gains Read more »

LME aluminium stockpiles hit record highs
Jan 22 2009 11:04
Aluminium stocks in London metal exchange warehouses surged to a new record high on Thursday, as the synchronised global slowdown savaged demand for base metals Read more »

Asian stocks edge higher on policy boost
Jan 22 2009 10:04
Japan enjoyed a boost from real estate companies after the country's central bank said it would accept bonds of real estate investment trusts as collateral, helping push the equity market into positive territory Read more »

Turkish regulators relax corporate bond laws
Jan 22 2009 10:29
Turkish regulators are easing restrictions on corporate bond issuance and taking steps to help cash-strapped companies raise funds, writes Delphine Strauss Read more »



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