Friday, May 22, 2009

Markets am: FTSE finds support from mining stocks, Asian stocks ...


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Financial Times
Markets morning briefing
Friday May 22 2009

FT.com - Financial Markets News
 
FTSE finds support from mining stocks
London equities recovered some poise in opening trade, helped by a series of broker upgrades in the mining sector. News of a record operating loss at British Airways provided one of the main talking points
http://link.ft.com/r/G8OTZZ/FOQNO/HETUC/63YTE/O4S34/XL/h
 
Asian stocks head for solid weekly gains
The dollar fell to its weakest in almost five months against major currencies on investor worries that the United States would lose its AAA rating, though Asian stocks headed for strong gains
http://link.ft.com/r/G8OTZZ/FOQNO/HETUC/63YTE/MMQFY/XL/h
 
Wall Street slumps on economic fears
US stocks fell for a third consecutive session on Thursday on further signs that economic green shoots could wither before flowering into a recovery.
http://link.ft.com/r/G8OTZZ/FOQNO/HETUC/63YTE/X9L8J/XL/h
 
Pound fights back from early weakness
The pound dropped sharply after Standard & Poor's cut the outlook for the UK from 'stable' to 'negative'
http://link.ft.com/r/G8OTZZ/FOQNO/HETUC/63YTE/1FGCN/XL/h
 
Run of gains ends in spite of upbeat data
News of Standard & Poor's move to cut its outlook on the United Kingdom had repercussions across the region, while many markets were closed for a national holiday
http://link.ft.com/r/G8OTZZ/FOQNO/HETUC/63YTE/7LVM6/XL/h
 
Emerging market bonds surge
New issuance for sovereign and corporate debt has picked up sharply since March as risk appetite has returned
http://link.ft.com/r/G8OTZZ/FOQNO/HETUC/63YTE/61C7B/XL/h
 
S&P warns UK over high debt level
Britain might lose top-notch credit rating in the wake of the financial crisis, in a move that raises fears of possible downgrades for other big industrialised nations
http://link.ft.com/r/G8OTZZ/FOQNO/HETUC/63YTE/SDNLR/XL/h
 
Copper decline sparks wider base metal falls
Copper prices dropped while crude oil prices fell by more than $1 as commodity markets staged a correction after the US Federal Reserve cut its economic growth forecasts for the next three years
http://link.ft.com/r/G8OTZZ/FOQNO/HETUC/63YTE/TY3TS/XL/h
 
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