Markets pm: Traders shrug off Tokyo slide, Danger of Abenomics i...

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/J0VG55/EKGEOM/0SJ8F7/0GINVW/   Markets afternoon briefing Thursday May 30 2013 Markets   Traders shrug off Tokyo slide Nikkei 225 drops 5.2% after a firming yen encouraged profit-taking, gold rises above $1,400 an ounce as the dollar weakens http://link.ft.com/r/J0VG55/IEHSPJ/C51OYF/YB1KAD/Q35B9R/50/h?a1=2013&a2=5&a3=30   Danger of Abenomics is it goes too far Japan may quickly discover there are worse things than deflation and zero interest rates – namely the wrong kind of inflation and high interest rates http://link.ft.com/r/J0VG55/IEHSPJ/C51OYF/YB1KAD/Q35B9P/50/h?a1=2013&a2=5&a3=30   Fears grow Japan sell-off will escalate Six-day slump marks a sharp turnround for a market that had risen all year, lifted by hopes that Japan's stimulus package will boost larger companies http://link.ft.com/r/J0VG55/IEHSPJ/C51OYF/YB1KAD/4VF4GA/50/h?a1=2013&a2=5&a3=30   Brazil investors look beyond benchmark Bovespa is heavily weighted by liquidity as well as market capitalisation, so volatile stocks are often over-represented in the index http://link.ft.com/r/J0VG55/IEHSPJ/C51OYF/YB1KAD/FD8JMK/50/h?a1=2013&a2=5&a3=30   Chip stocks help lift European indices European semiconductor stocks are boosted after a positive outlook on the sector from JPMorgan analysts, while financials and miners also gain http://link.ft.com/r/J0VG55/IEHSPJ/C51OYF/YB1KAD/IE0NWY/50/h?a1=2013&a2=5&a3=30   Retail sector losses crimp FTSE rally Retailers are weaker on the FTSE 100, but London's main index stays calm as appetite for miners helps keep the focus off sliding shares in Tokyo http://link.ft.com/r/J0VG55/IEHSPJ/C51OYF/YB1KAD/EKGSZ5/50/h?a1=2013&a2=5&a3=30   Iraq at centre of internal Opec debates Oil cartel focuses on Baghdad's inclusion into the output quota system as well as its influence over who will be the next secretary-general http://link.ft.com/r/J0VG55/IEHSPJ/C51OYF/YB1KAD/RP4GSP/50/h?a1=2013&a2=5&a3=30   In depth - FT.com Great tax race Austerity Europe Libor scandal 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..