Markets afternoon briefing

View an online version of this email here.  All times are London time: Tuesday Mar 03 2009 FT.com - Financial Markets News Wall Street looks to rally from lows Mar 03 2009 13:56 Investors were hopeful of a small rally on the US stock markets before the opening bell as historically low prices could prove tempting for buyers Read more » FTSE extends six-year lows below 3,600 Mar 03 2009 15:08 London equities failed to hold small, intraday gains as the six-year lows seen on the FTSE 100 overnight intensified as the trading day developed. Read more » Dollar edges lower after brief equity rally Mar 03 2009 11:15 Currency markets remained in thrall of volatile equity moves on Tuesday, and the dollar was weakened slightly by a brief stock-market rally Read more » iTraxx Crossover index hits record high Mar 03 2009 12:40 The cost of protecting European sub-investment grade debt against default reached an all-time high on Tuesday as sentiment nosedived along with the continent's stock markets Read more » Oil rebounds but gold sinks Mar 03 2009 11:41 Oil prices staged a rebound after a sharp fall in the previous session while base metals managed a modest recovery, but gold retreated below the $930 level Read more » Europe's shares plunge to 12-year low Mar 03 2009 11:56 Europe's shares tumbled to a 12-year low on Tuesday as the dismal outlook for the global economy ensured the opening rally was soon overturned Read more » Asian shares extend global sell-off Mar 03 2009 09:52 HSBC shares dropped to their lowest in nearly 10½ years and pulled the Hang Seng index down as Hong Kong investors had their first chance to react to the bank's discounted share sale plan and dividend cut Read more » Australia leaves rates unchanged Mar 03 2009 07:01 The Reserve Bank of Australia confounds hopes for a cut after it kept interest rates steady at 3.25%, saying the stimulus package is helping the country avoid the depths of recession seen elsewhere 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.