Tuesday, May 26, 2009

Markets pm: Dollar pulls back from 5-month low, Danone down on r...


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Financial Times
Markets afternoon briefing
Tuesday May 26 2009

FT.com - Financial Markets News
 
Dollar pulls back from 5-month low
The dollar recovered some ground on Tuesday, pulling away from a five-month low as investors focused on problems outside the US.
http://link.ft.com/r/IOCBMM/VIVZQ/Z6X5S/UKMXZ/C8KBV/AZ/h
 
Danone down on rights issue
Danone's plan to launch a €3bn rights issue sent its shares lower. The French food group and world's biggest yoghurt maker, which has been hard hit by the downturn in consumer spending, dropped to the bottom of the CAC 40
http://link.ft.com/r/IOCBMM/VIVZQ/Z6X5S/UKMXZ/I29CZ/AZ/h
 
Oil slides while gold softens
Oil prices dropped by more than $1 a barrel while gold sank below the $950 an ounce level and base metals fell as commodity markets staged a broad retreat
http://link.ft.com/r/IOCBMM/VIVZQ/Z6X5S/UKMXZ/MMFZX/AZ/h
 
Rio price cut hits FTSE's miners
London equities fell, with resource stocks under pressure after Rio Tinto agreed a significant reduction to its iron ore prices.
http://link.ft.com/r/IOCBMM/VIVZQ/Z6X5S/UKMXZ/F0I67/AZ/h
 
Pyongyang's missiles rattle Asia markets
Korean equities led a broader retreat among the many of the larger markets in the region on Tuesday after reports that North Korea set off additional short-range missiles, heightening concerns over geopolitical stability in the region
http://link.ft.com/r/IOCBMM/VIVZQ/Z6X5S/UKMXZ/D6DGZ/AZ/h
 
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