Wednesday, January 7, 2009

Markets morning briefing

 View an online version of this email here.

FT.com
 All times are London time: Wednesday Jan 07 2009


Advertisement1 FT.com - Financial Markets News
Scottish & Southern leads FTSE lower
Jan 07 2009 08:52
Weakening resource stocks ended the six-session rally on London's equities market on Wednesday, but there was support for shares in Marks & Spencer after the retailer avoided issuing a profit warning alongside its Christmas trading update. Read more »

Asia-Pacific shares reach a two-month high
Jan 07 2009 05:21
Asia Pacific shares climbed as the US president-elect Barack Obama said he would spend more than his government received in tax for years to make sure the economy pulled out of recession Read more »

Fund managers fight tougher disclosure rules
Jan 07 2009 06:30
Three associations representing fund managers in Australia, the UK and US have joined forces to warn that their industry would be damaged if market regulators publish detailed information on short-selling trading positions Read more »

US stocks shrug off glum data
Jan 06 2009 22:43
Traditionally defensive stocks escaped a modest rally on Wall Street as investors shrugged off more glum economic data and dipped their toes into riskier sectors Read more »

Euro weakens as prices plunge
Jan 06 2009 22:45
The euro fell to three-week lows against the dollar and sterling on Tuesday as plummeting eurozone inflation raised expectations that the European Central Bank was set to cut interest rates in the region. Read more »



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