Markets pm: Wall Street poised to gain on oil prices, Pound hits...

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/0QSDPP/QXBJO/ICVIA3/Z6X5S/   Markets afternoon briefing Friday May 29 2009 FT.com - Financial Markets News   Wall Street poised to gain on oil prices US stocks were set to rise on Friday, building on momentum from the previous session as oil prices hit a six month high above $66 a barrel fresh data showed the US economy shrank less than first thought during the first quarter http://link.ft.com/r/0QSDPP/RX733/77SE1/YE9HV/GC3LQ/36/h   Pound hits 6-month high against dollar The pound hit a fresh six-month high against the dollar on Friday after a surprise rise in UK house prices bolstered hopes that the country's economy was showing signs of stabilising. http://link.ft.com/r/0QSDPP/RX733/77SE1/YE9HV/O4G0N/36/h   Oil and gold surge higher Crude oil prices extended their gains, reaching the $66-a-barrel level, while gold jumped beyond the $970 an ounce level as commodity markets staged a broad advance http://link.ft.com/r/0QSDPP/RX733/77SE1/YE9HV/L7T8U/36/h   LME joins bid for LCH.Clearnet The London Metal Exchange has joined a consortium of 11 banks and Icap, the inter-dealer broker,that has submitted a €830m bid to the board of LCH.Clearnet, Europe's largest clearing house http://link.ft.com/r/0QSDPP/RX733/77SE1/YE9HV/L7T8R/36/h   Miners lead FTSE higher London's equity markets advanced in the final session of the week following a late turnround on Wall Street overnight http://link.ft.com/r/0QSDPP/RX733/77SE1/YE9HV/YS7WC/36/h   Europe's equities resume rise The region's carmakers all rose, with the exception of Italy's Fiat, which was facing renewed uncertainty after the group appeared to pull out of Opel acquisition talks http://link.ft.com/r/0QSDPP/RX733/77SE1/YE9HV/UIV7G/36/h   India leads regional markets higher The yen rose on Friday, helped by the biggest monthly spike in Japanese industrial output since 1953, while crude prices eased from a six-month high but were still up around $3 this week on expectations of increased demand http://link.ft.com/r/0QSDPP/RX733/77SE1/YE9HV/EOFU9/36/h   FT.com - In depth MPs' expenses Oil 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.