Tuesday, February 24, 2009

Markets afternoon briefing

 View an online version of this email here.

FT.com
 All times are London time: Tuesday Feb 24 2009


Advertisement1 FT.com - Financial Markets News
Wall St looks for hope after sell-off
Feb 24 2009 13:52
Wall Street stocks could struggle on Tuesday to make a strong recovery from the previous session's heavy sell-off that took the market to its lowest level since 1997, as investors braced themselves for a fresh bout of glum economic data Read more »

Insurers and banks under pressure in Europe
Feb 24 2009 13:17
Q-Cells, the world's largest maker of solar cells, jumped in a falling market on Tuesday on rumours it was set to acquire Norwegian peer Renewable Energy Read more »

Defensive stocks help limit London's losses
Feb 24 2009 15:14
Power generators and tobacco stocks helped the FTSE 100 stay resilient on Tuesday, even after US indices tumbled overnight on deepening worries about the extent of the problems faced by the financial sector. Read more »

Japan considers share market support
Feb 24 2009 08:38
Kaoru Yosano, finance minister, said the government was studying measures to support the share market, as tumbling share prices threatened to erode further Japanese banks' capital and damage their ability to lend Read more »

Yen falls to 3-month low against dollar
Feb 24 2009 11:44
The yen fell to a three month low against the dollar on Tuesday even as global stock market suffered a fresh sell-off, sparking renewed speculation that the Japanese currency's days as a safe haven currency were numbered. Read more »

Gold's rally pauses for breath
Feb 24 2009 12:46
Gold slipped for a second session as safe haven buying showed signs of slowing while oil prices consolidated and base metals retreated with risk appetite remaining extremely weak Read more »



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