Markets pm: Wall St set for muted start as GM talks founder, Ste...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/TWK799/D6DV0/0SJ8F7/HETUC/   Markets afternoon briefing Wednesday May 27 2009 FT.com - Financial Markets News   Wall St set for muted start as GM talks founder US stocks were set for moderate falls at the opening bell, as GM confirmed that bondholders rejected the automaker's offer to swap $27bn in debt for equity. http://link.ft.com/r/TWK799/Y9M1K/UT72Y/TX4PF/5U5KY/50/h   Sterling hits $1.60 versus dollar Sterling rose above $1.60 for the first time in nearly seven months after Britain's service sector companies revealed improving sentiment, while mortgage approvals crept higher http://link.ft.com/r/TWK799/Y9M1K/UT72Y/TX4PF/8TXID/50/h   Saudi minister sees oil demand rising Global oil demand is picking up, supported by higher consumption in China, driving oil prices higher, Ali Naimi, Saudi Arabia's oil minister, said ahead of Thursday's Opec meeting in Vienna http://link.ft.com/r/TWK799/Y9M1K/UT72Y/TX4PF/N5UHU/50/h   London stocks hold steady UK equity markets inched higher on Wednesday after modestly encouraging economic data was supported by early gains on Wall Street http://link.ft.com/r/TWK799/Y9M1K/UT72Y/TX4PF/2NZ44/50/h   Krona slides as Sweden boosts forex reserves The Swedish krona fell sharply as the country's central bank warned that the worst of the financial crisis may not be over. http://link.ft.com/r/TWK799/Y9M1K/UT72Y/TX4PF/2NZ4W/50/h   Europe's indices rise for third day Europe's equity markets rose on Wednesday, continuing this week's winning streak, buoyed by stronger than forecast US consumer confidence data http://link.ft.com/r/TWK799/Y9M1K/UT72Y/TX4PF/4PMX5/50/h   FT.com - In depth MPs' expenses Indian general election Swine flu European elections 2009 Detroit in distress Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds © THE FINANCIAL TIMES LTD 2009 ABOUT THIS EMAIL You have received this email because you have signed up for this keyword/company alert on FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.