Global Market Overview
4:25pm
Investors heartened by European pledge and US data
Stocks, commodities and euro rally
EQUITIES
3:24pm
Insurers’ rally lifts financials on Wall Street
Energy and materials stocks also help S&P 500 to gain 2 per cent
CURRENCIES
5:26pm
Dollar slumps as risk revival helps euro
Hopes rise of comprehensive response to Europe’s debt
EQUITIES
5:19pm
Broad-based rally supports FTSE 100
Rise in risk appetite lifts benchmark index 1.8 per cent
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Suited, booted and UBS looted
We didn’t realise broad arrows were in this year.From the entry: “Under all the pressure from the case his fashion taste never once took a down turn. That is why... -
The mystery of US banks’ second mortgage exposure
How big a hit should US banks take on their second mortgage portfolio?A question that’s been asked again and again (and again and again) by this blog and others. Regulators are worried:... -
Cocaine is to blame
Baffled by recent stock market volatility?Don’t be.Silvio’s men have the answer. Oct. 10 (Bloomberg) — Italian Prime Minister Silvio Berlusconi’s Undersecretary...
CURRENCIES
1:33pm
Renminbi stages biggest one-day jump in six years
Beijing allows 0.6% rise as markets reopen after week off
COMMODITIES
5:23pm
UN says food prices to remain high
Report highlights rising demand from population and biofuel industry
EQUITIES
11:51am
Erste warning prompts Austrian bank woe
Write-downs in Romania and Hungary take toll
THE COMMODITIES NOTE
9:23am
Libya’s oil recovery moves picks up speed
Repairs to war-torn eastern fields hold the key to full recovery
From
COMPANIES
Oct 9, 2011
Hedge funds suffer worst quarter since 2008
Average equity manager merely tracks market
ANALYSIS
Offers
JOIN THE BUSINESS ELITEMore people at the top read the FT*
*FT has grown in every major readership survey in 2010
*FT has grown in every major readership survey in 2010 
Italy’s downgraded debt outmatches ‘triple A’ UK
It is not just yield differentials that are in Rome’s favour