Monday, April 20, 2009

Markets afternoon briefing

 View an online version of this email here.

FT.com
 All times are London time: Monday Apr 20 2009


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Wall Street anxious despite strong earnings
Apr 20 2009 14:09
Bank of America failed to lift US stocks before the market opened despite reporting results far ahead of expectations Read more »

Risk aversion boosts dollar
Apr 20 2009 11:08
Global markets were in full risk-aversion mode on Monday, resulting in gains for the dollar and yen after the world's leading policymakers warned of further economic weakness ahead Read more »

European equities fall on earnings worries
Apr 20 2009 11:16
European shares fell on Monday as sentiment turned cautious ahead of a wave of important corporate results being drip fed to the market over the week Read more »

Broker downgrades hit property stocks
Apr 20 2009 11:29
Property stocks were weaker on London equities markets on Monday, after a raft of broker downgrades in the sector. Read more »

Chinese shares boosted by Wen's comments
Apr 20 2009 10:45
Shanghai shares reached their highest since the Olympics, leading the region higher as optimistic comments by Wen Jiabao, China's premier, helped momentum in the market Read more »

Commodities retreat in cautious trading
Apr 20 2009 10:52
Commodity markets moved lower with oil falling by more than $1 a barrel while base metals staged a broad retreat but gold was firmer as dealers awaited a slew of US earnings releases Read more »

Australian producer prices down 0.4%
Apr 20 2009 04:59
Australia's producer prices fell for the first time in almost six years last quarter thanks to a steep drop in construction costs, a surprisingly soft result that augurs well for a further slowdown in consumer inflation Read more »



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