Markets pm: Euro slides as bloc’s woes intensify, S&P 500 edges ...

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/DHGUVV/9MNHXT/K2AQ7U/D4L0IN/   Markets afternoon briefing Wednesday March 27 2013 Financial Times - Financial markets news   Euro slides as bloc's woes intensify US data help to brighten mood, initially leaving Wall Street on course for record high, before eurozone woes undermine bullish sentiment http://link.ft.com/r/DHGUVV/DXJ3J1/XTKJOM/2OLWKS/SU7EPR/RF/h?a1=2013&a2=3&a3=27   S&P 500 edges away from record Trading took on a decidedly defensive hue, with healthcare stocks and utilities doing best, and financials and materials companies slipping most http://link.ft.com/r/DHGUVV/DXJ3J1/XTKJOM/2OLWKS/SU7EPE/RF/h?a1=2013&a2=3&a3=27   Fed must return to trusted reserves policy A policy of raising reserve requirements is a win-win for the Federal Reserve, banks and the economy – and satisfies many of the Basel III provisions http://link.ft.com/r/DHGUVV/DXJ3J1/XTKJOM/2OLWKS/XBXRHJ/RF/h?a1=2013&a2=3&a3=27   Europe's CMBS pipeline begins to flow The market for assets backed by commercial mortgages is still only a fraction of its 2006 peak as stresses remain in the property market http://link.ft.com/r/DHGUVV/DXJ3J1/XTKJOM/2OLWKS/MJ0WSK/RF/h?a1=2013&a2=3&a3=27   Australia to use market prices for Libor Financial markets panel setting Australia's bank bill swap rate to be disbanded in favour of extracting rates directly from trading venues http://link.ft.com/r/DHGUVV/DXJ3J1/XTKJOM/2OLWKS/Z8DNG1/RF/h?a1=2013&a2=3&a3=27   Cyprus contagion fears hurt euro Single currency falls against dollar, sterling and yen as debate over whether future banking bailouts should move burden away from taxpayer continues http://link.ft.com/r/DHGUVV/DXJ3J1/XTKJOM/2OLWKS/1OIP6L/RF/h?a1=2013&a2=3&a3=27   Pru falls to bottom of FTSE after fine Analysts react warmly to Tui's strong trading over winter, but Pru falls as the insurer is fined over ill-fated takeover attempt on AIA in 2010 http://link.ft.com/r/DHGUVV/DXJ3J1/XTKJOM/2OLWKS/DX1CWM/RF/h?a1=2013&a2=3&a3=27   Philippines wins investment-grade rating Fitch highlights resilient growth, improvements in fiscal management and successful efforts from the central bank in controlling inflation http://link.ft.com/r/DHGUVV/DXJ3J1/XTKJOM/2OLWKS/WHWJTR/RF/h?a1=2013&a2=3&a3=27   FT.com - In depth BP trial Mali intervention Libor scandal Bank bonuses Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..