Markets pm: Treasuries volatile as dollar and stocks slide, Swis...
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Markets afternoon briefing
Wednesday May 29 2013
Markets
Treasuries volatile as dollar and stocks slide
Data raise hopes that the US economic recovery is gathering pace, but dollar stumbles as Treasury yields vacillate
http://link.ft.com/r/EB8122/GYLD7Y/BMU6DR/7A0SYF/JQCR0T/UP/h?a1=2013&a2=5&a3=29
Swiss path questions need for QE unwinding
In building up euro reserves exceeding $550bn the SNB has laid the foundation for a Swiss sovereign wealth fund
http://link.ft.com/r/EB8122/GYLD7Y/BMU6DR/7A0SYF/B4TDLS/UP/h?a1=2013&a2=5&a3=29
Swiss financials fall on US tax fears
Julius Baer falls after it is ordered by the Swiss government to hand over details on American clients to US lawmakers investigating tax evasion
http://link.ft.com/r/EB8122/GYLD7Y/BMU6DR/7A0SYF/MJA328/UP/h?a1=2013&a2=5&a3=29
Price rise hits FTSE gas suppliers
Utilities stocks lead the decline as a rise in gas prices stoke concerns over future profitability of suppliers committed to fixed tariffs
http://link.ft.com/r/EB8122/GYLD7Y/BMU6DR/7A0SYF/Q35LM8/UP/h?a1=2013&a2=5&a3=29
Costs rise for 'technological barrels' of oil
New technologies such as fracking in the US shale industry are boosting crude oil supplies – but these 'technological barrels' are flowing at a high cost
http://link.ft.com/r/EB8122/GYLD7Y/BMU6DR/7A0SYF/9M1XU9/UP/h?a1=2013&a2=5&a3=29
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