FT.com - Financial Markets News
FT.com - Financial Markets News


FTSE 100 up on rate cut hopes
Shares in London extended gains following the release of the latest minutes from the Bank of England which showed the committee was split three ways for the second month in a row

Dovish central bank stance hits pound
Sterling slid against the dollar on Wednesday, on expectations of UK interest rate cuts by the end of the year

European resource stocks lead bounce
European equity markets bounced on Wednesday after firmer commodity prices lifted shares in mineral and energy stocks

Oil rises ahead of inventories
Crude oil prices rose, ahead of the latest US weekly inventories data, while gold continued to recover with bullion making further advances beyond the $800 level.

Shanghai soars on hopes of stimulus plan
Shanghai equities made their biggest daily gain in four months as optimism rose that the Chinese authorities would implement a stimulus plan to help the economy and support capital and property markets

Wall Street stocks endure further pain
US stocks fell as investors responded to deepening worries about the financial sector, inflation and disappointing economic data

A&L in asset-backed bond sale
Alliance & Leicester has sold only the second mortgage-backed bond out of the UK since the credit turmoil struck. But while the deal offers a small ray of hope to troubled lenders, it does not presage a market recovery

Jakarta hires banks for global sukuk issue
Indonesia appointed three banks to handle its global Islamic bond programme in a boost to the sukuk market

Dollar reaches seven-month peak
The dollar climbed to a seven-month high on Tuesday as US producer price inflation came in much stronger than expected

Seoul to simplify rules on flotations
South Korea said it would revise rules governing initial public offerings in the lastest move by Seoul to boost stock market activity

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