Markets pm: Nikkei plunge triggers investor retreat, Copper tumb...

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/KC2844/52FB92/DG8WOS/EWTCE3/   Markets afternoon briefing Thursday May 23 2013 Markets   Nikkei plunge triggers investor retreat Concerns the Fed will reduce its asset purchasing programme and fresh fears about strength of China's economy lead to broad-based sell-off http://link.ft.com/r/KC2844/NR673X/8ANBW9/QNSL9R/GY85OX/VU/h?a1=2013&a2=5&a3=23   Copper tumbles on weak China data After a six-week high, price of the red metal falls 2.6% following weak Chinese manufacturing data and a plunge in the Japanese stock market http://link.ft.com/r/KC2844/NR673X/8ANBW9/QNSL9R/3CJBFC/VU/h?a1=2013&a2=5&a3=23   Yen and franc gain as risk appetite hit Haven currencies strengthen amid concerns the US Federal Reserve could taper its bond-buying programme as China data weigh on sentiment http://link.ft.com/r/KC2844/NR673X/8ANBW9/QNSL9R/B4L2TC/VU/h?a1=2013&a2=5&a3=23   Vedanta sells landmark offshore bond Indian groups have almost doubled the record full-year amount of debt raised offshore in 2011, when companies notched up a total of $3.3bn http://link.ft.com/r/KC2844/NR673X/8ANBW9/QNSL9R/T1WRKU/VU/h?a1=2013&a2=5&a3=23   Glencore Xstrata raises $5bn from bond sale First tranche of funding raised since $76bn merger was completed comes amid record low yields for investment-grade corporate bonds http://link.ft.com/r/KC2844/NR673X/8ANBW9/QNSL9R/OFZE7I/VU/h?a1=2013&a2=5&a3=23   Fears grow over EM sovereign bond bubble Even investment bankers orchestrating these bond sales are becoming concerned the market is overly frothy as cash-rich fund managers seek out yield http://link.ft.com/r/KC2844/NR673X/8ANBW9/QNSL9R/HI64OW/VU/h?a1=2013&a2=5&a3=23   Robust euro may foretell dollar weakness A significant part of the dollar's strength has been expectations the Fed will soon trim quantitative easing, but Lloyds thinks such talk is premature http://link.ft.com/r/KC2844/NR673X/8ANBW9/QNSL9R/4VRGF6/VU/h?a1=2013&a2=5&a3=23   Silver's slide shows hedging benefits The successful programmes may help convince sceptical miners and equity investors to seek protection against price declines http://link.ft.com/r/KC2844/NR673X/8ANBW9/QNSL9R/K9CKVK/VU/h?a1=2013&a2=5&a3=23   London shares retreat from 13-year high Declines in the FTSE 100 are led by resource stocks, with Rio Tinto shedding 4.1%, while Barclays is leading banks lower with a 3.3% fall http://link.ft.com/r/KC2844/NR673X/8ANBW9/QNSL9R/SU4JX3/VU/h?a1=2013&a2=5&a3=23   In depth - FT.com Great tax race Austerity Europe 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..