Thursday, May 21, 2009

Markets am: FTSE's selling gathers pace, Asia retreats on gloomy...


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Financial Times
Markets morning briefing
Thursday May 21 2009

FT.com - Financial Markets News
 
FTSE's selling gathers pace
London equities fell on Thursday, as a growing sense of caution on world markets prompted the benchmark index to move further away from its recent four-month highs.
http://link.ft.com/r/6NPSBB/RXUMA/10DWR/VDCYK/XQPX8/N9/h
 
Asia retreats on gloomy US outlook
The dollar hit its lowest in two months against the yen while regional indices fell after the Federal Reserve trimmed its growth outlook for the next three years
http://link.ft.com/r/6NPSBB/RXUMA/10DWR/VDCYK/M7Y0R/N9/h
 
Rolet says he will guide LSE into alliances
Xavier Rolet, chief executive of the LSE, signalled a break with the tenure of his predecessor, Dame Clara Furse, by revealing a push into derivatives
http://link.ft.com/r/6NPSBB/RXUMA/10DWR/VDCYK/71ORW/N9/h
 
Oil extends push past $60 a barrel
US crude oil prices extended their push beyond the $60-a-barrel level while soyabeans made further strong gains, dragging corn and wheat prices higher
http://link.ft.com/r/6NPSBB/RXUMA/10DWR/VDCYK/BB2PE/N9/h
 
Geithner's 'healing' comments hit dollar
The dollar plunged to a four-month low against the euro on Wednesday after Tim Geithner, US Treasury secretary, said the financial system was "starting to heal" after a period of severe trauma
http://link.ft.com/r/6NPSBB/RXUMA/10DWR/VDCYK/VIN4O/N9/h
 
ASX to develop energy-related futures
The Australian Securities Exchange is taking steps to increase its revenues by developing energy-related derivatives amid uncertainty about whether it will be stripped of its monopoly to provide share-trading services
http://link.ft.com/r/6NPSBB/RXUMA/10DWR/VDCYK/RXSZT/N9/h
 
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