Thursday, January 29, 2009

Markets afternoon briefing

 View an online version of this email here.

FT.com
 All times are London time: Thursday Jan 29 2009


Advertisement1 FT.com - Financial Markets News
Wall St mood turns on glum economic data
Jan 29 2009 14:12
A glut of economic data that was even worse than expected was set to conspire with a fresh batch of downbeat earnings and help snap US stocks' four-session winning streak Read more »

Resource stocks lead FTSE lower
Jan 29 2009 14:51
Stocks in London fell on Thursday as the resources sectors were hit after Royal Dutch Shell reported a fourth-quarter loss and Xstrata announced a rights issue Read more »

Kiwi dollar tumbles to 6-year low
Jan 29 2009 11:02
The New Zealand dollar dropped to a six-year low against the US dollar after the Reserve Bank of New Zealand delivered a more aggressive interest rate cut than expected after its policy meeting. Read more »

UBS fears drag European banks lower
Jan 29 2009 11:00
European shares broke a three day winning streak on Thursday as investors took profits after the previous session's bank-driven rally Read more »

Gold slides while copper drops
Jan 29 2009 10:36
Gold prices remained under pressure on Thursday for a third session with bullion unable to hold the $900 level, while copper prices dropped sharply, leading a retreat in the base metals sector Read more »

Asia stocks climb on US stimulus hopes
Jan 29 2009 09:13
Asia stocks climbed while the dollar gained as investors took heart from the US Congress making headway on a $825 billion stimulus spending package and other efforts to stem the financial crisis Read more »



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