Monday, February 2, 2009

Markets afternoon briefing

 View an online version of this email here.

FT.com
 All times are London time: Monday Feb 02 2009


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Wall Street downbeat on stimulus fears
Feb 02 2009 14:03
Wall Street stocks could struggle to begin a recovery from their worst January on record as concerns heightened that political wrangling would delay the passage of the economic stimulus package Read more »

Euro stumbles on equities sell-off
Feb 02 2009 11:27
Sterling fell against the dollar and the euro sank to a near two-month low against the greenback as worries over Europe's banks and economic outlook weighed on sentiment Read more »

European banks fall on data gloom
Feb 02 2009 14:42
Falling banks and insurers pulled Europe's bourses lower on Monday as bearish economic data and setbacks for BNP Paribas weighed on the market Read more »

FTSE falls as banking rally fades
Feb 02 2009 14:53
The recovery rally in London's banking sector faded, with financial stocks taking up the bottom four places on the market as investors booked profits from the previous week's strong gains Read more »

Oil and gold retreat as commodities struggle
Feb 02 2009 11:35
Oil and gold prices fell while base metals consolidated as trading in commodity markets started the week in cautious mode with risk appetite remaining subdued Read more »

Kazakhstan to nationalise top banks
Feb 02 2009 05:39
Kazakhstan announced plans to effectively nationalise two of the country's leading banks as the global financial crisis tightened its grip on Central Asia's biggest economy Read more »

Asian shares decline amid company warnings
Feb 02 2009 09:53
Asian stocks slipped with investors expecting another week of grim news on corporate earnings and the global economy Read more »



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