Monday, March 23, 2009

Markets afternoon briefing

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FT.com
 All times are London time: Monday Mar 23 2009


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Geithner plan spurs rally on Wall Street
Mar 23 2009 14:39
Investors in US stocks made a stellar start to the week as Tim Geithner, the Treasury secretary, unveiled his plan to clear toxic assets from banks' balance sheets Read more »

FTSE's rally gathers pace on Geithner plan
Mar 23 2009 15:21
London equities came off session-highs on Monday, as equities traders around the world absorbed details of the Obama administration's latest bid to clean up balance sheets in the financial sector. Read more »

Dollar pares losses after Geithner plan
Mar 23 2009 14:41
The dollar rose against the euro and strengthened against the yen on Monday as appetite for the Greenback was whetted by the Obama administration's latest efforts to stabilise the US banking system Read more »

Copper leads rally for commodity markets
Mar 23 2009 11:53
Copper prices extended their push above the $4,000 a tonne level, leading base metals higher, while oil prices rose and gold consolidated above the $950 level as commodity markets continued last week's rally Read more »

Daimler gains on Abu Dhabi investment
Mar 23 2009 14:46
Shares in Daimler rose on Monday as investors welcomed news of a €1.95bn investment in the German luxury carmaker from Abu Dhabi-based Aabar Investments Read more »

Asian shares rise to two-month high
Mar 23 2009 10:35
The Nikkei in Japan made its best close in nearly two months as hopes grew that US plans to clear $1,000bn of toxic assets out of the country's banking system might bring in end to the financial sector's long string of bad news Read more »



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