Markets afternoon briefing

View an online version of this email here.  All times are London time: Wednesday Jan 28 2009 FT.com - Financial Markets News Soros closes sterling shorts Jan 28 2009 13:34 The pound advanced on Wednesday after UK banking stocks surged following an upbeat assessment of Lloyds Banking Group, while comments from billionaire investor George Soros also lent support Read more » Wall Street buoyed by bank rescue hopes Jan 28 2009 14:02 US stocks were set for a higher start as investors hoped that the Obama administration would take swift action to rescue the stricken banking sector and the House would pass its $825bn economic stimulus plan. Read more » European shares rise for third session Jan 28 2009 11:10 European shares rose for the third consecutive day on Wednesday, boosted by upbeat trading statements and broad gains for the continent's banks Read more » FTSE rallies as chill in bank sector thaws Jan 28 2009 14:56 The recovery in banking stocks continued in London on Wednesday, with Lloyds Banking Group the main beneficiary after a broker upgrade Read more » Oil stabilises while gold slips Jan 28 2009 12:06 Oil prices stabilised after a sharp fall in the previous session while gold slipped below the $900 level Read more » Nigeria plans its first global bond issue Jan 28 2009 13:39 Nigeria plans to launch its first international Naira-denominated bond within six months, dismissing concerns that the global financial crisis and the country's exposure to falling oil prices will starve the $500m offer of buyers Read more » Calls for tougher control of credit derivatives Jan 28 2009 10:17 Around three quarters of business executives believe that it is now time for policy makers to impose formal regulations on complex financial products such as credit derivatives, a survey has found Read more » Korea leads gains on Asia-Pacific markets Jan 28 2009 10:00 Asian shares traded higher helped by gains on Wall Street which came despite economic data from the US showing further deterioration in the world's largest economy 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.