Wednesday, June 3, 2009

Markets pm: Wall St set to decline ahead of Bernanke speech, Pro...


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Financial Times
Markets afternoon briefing
Wednesday June 03 2009

FT.com - Financial Markets News
 
Wall St set to decline ahead of Bernanke speech
US stock futures pointed to a lower opening on Wednesday as investors reacted to latest data on the jobs market and awaited comments from Federal Reserve chairman Ben Bernanke
http://link.ft.com/r/73UJGG/1RNQC/UT72Y/636G5/YSYRD/LE/h
 
Profit taking helps dollar claw higher
The dollar on Wednesday clawed back some of the heavy losses suffered in recent sessions as equity markets were driven lower by profit taking, forcing investors to shy away from risky strategies
http://link.ft.com/r/73UJGG/1RNQC/UT72Y/636G5/KZ0M8/LE/h
 
Crude oil slips ahead of US inventories
Oil prices slipped ahead of the latest US weekly inventories data while base metals were mixed and gold consolidated around the $980 an ounce level
http://link.ft.com/r/73UJGG/1RNQC/UT72Y/636G5/SD5I7/LE/h
 
Ex-dividend stocks knock FTSE
The retreat on London's equities market gathered pace as a series of blue-chip companies went ex-dividend.
http://link.ft.com/r/73UJGG/1RNQC/UT72Y/636G5/UIWQK/LE/h
 
Bank sell off hits European shares
Banks were hit for a second day across Europe as markets paused for breath after rumours that a Saudi conglomerate may sell down its HSBC stake
http://link.ft.com/r/73UJGG/1RNQC/UT72Y/636G5/2N9P9/LE/h
 
Asian stocks rise on recovery hopes
Shanghai led gains across the Asia-Pacific region, reaching a 10-month high, amid optimism for a global recovery following unexpected growth in the Australian economy and solid housing data from the US
http://link.ft.com/r/73UJGG/1RNQC/UT72Y/636G5/MMV42/LE/h
 
Australia GDP rises 0.4% in first quarter
Australia has defied international trends to record a 0.4 per cent annualised rise in gross domestic product in the three months to March, with economic growth salvaged by strong exports, robust retail sales and the government's fiscal stimulus measures
http://link.ft.com/r/73UJGG/1RNQC/UT72Y/636G5/HV8A0/LE/h
 
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