Markets afternoon briefing

View an online version of this email here.  All times are London time: Friday Mar 20 2009 FT.com - Financial Markets News Wall Street mixed in early trading Mar 20 2009 14:30 US stocks pared early gains after a turbulent week during which investors scrambled to react to an unexpectedly bold plan from the Federal Reserve to buy up Treasury bonds and mortgage-backed securities in order to stimulate the economy Read more » FTSE 100 higher as energy stocks rally Mar 20 2009 13:40 London's FTSE 100 picked up pace by mid afternoon on Friday as energy prices lifted the oil sector, while insurers enjoyed another session of gains Read more » Gold extends rally beyond $960 level Mar 20 2009 10:48 Gold pushed above the $960 mark, extending its rally as commodity markets continued to trade strongly after the Federal Reserve said it would buy $300bn in US Treasuries to counter the financial crisis Read more » Production drop hit euro Mar 20 2009 11:32 The euro dropped from a two-month high against the dollar on Friday as weak eurozone economic data heightened speculation that the European Central Bank would have to take further steps to ease monetary conditions. Read more » Ericsson falls as it issues profit warning Mar 20 2009 12:29 European markets lifted slightly on Friday morning but a rise fuelled by banks and insurers in the previous sessions was not sustained Read more » Pakistan exchanges fined for trading curbs Mar 20 2009 05:39 The country's competition commission imposed the fine on the Karachi, Lahore and Islamabad stock exchanges for their controversial decision that was made to prevent a collapse in share prices Read more » Rally runs out of steam on Asian markets Mar 20 2009 09:35 The US dollar edged higher but still headed for its biggest weekly fall in 24 years on investor fears that it will lose its status as the world's reserve currency, while oil prices ceded ground after a recent rally 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.