Wednesday, April 8, 2009

Markets afternoon briefing

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FT.com
 All times are London time: Wednesday Apr 08 2009


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Wall St looks to brush off earnings gloom
Apr 08 2009 13:56
A major deal in the homebuilding sector and a reported extension of the government's Troubled Asset Relief Programme (Tarp) managed to ease the gloom surrounding US equities brought by a disappointing beginning to earnings season Read more »

Rising risk aversion boosts yen
Apr 08 2009 11:02
The yen advanced on Wednesday as rising risk aversion boosted haven demand for the Japanese currency. Read more »

Oil sinks ahead of US inventories data
Apr 08 2009 11:37
Oil prices fell on Wednesday amid concerns about demand weakness in the US and Japan, but gold managed a modest rebound following recent losses. Read more »

Resource stocks keep FTSE under pressure
Apr 08 2009 12:01
London equities extended three sessions of falls on Wednesday, with resource stocks exerting the most pressure on worries about the outlook for a global recovery. Read more »

Earnings fears lead European indices lower
Apr 08 2009 14:23
Shares in Pernod Ricard, the world's second largest drinks group, fell on Wednesday after it announced a €1bn cash call in what analysts expect to be one of several large rights issues set to come from continental European companies over the next year Read more »

Asian stocks slide for a second day
Apr 08 2009 11:08
Shares fell across Asia Pacific for the second day in a row as worries grew about the global slowdown's effect on profits Read more »



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