Markets pm: Volatile Tokyo instils global equity angst, Origin o...

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/UXDMSS/RP5SQK/F6OKCR/RN7YTC/   Markets afternoon briefing Friday May 24 2013 Markets   Volatile Tokyo instils global equity angst Nikkei 225 ends morning trading up 2.7%, then falls 3.5% as the yen rallies, before finishing in the black as the currency whipsaws http://link.ft.com/r/UXDMSS/SU2YQ4/YHDR05/R3JGOL/52N07H/QR/h?a1=2013&a2=5&a3=24   Origin of Japan rout lies in Washington Episode shows the vital question for markets is the Fed, and when and how it withdraws its stimulus programme, writes John Authers http://link.ft.com/r/UXDMSS/SU2YQ4/YHDR05/R3JGOL/MJAQN5/QR/h?a1=2013&a2=5&a3=24   Psst! Don't tell Sid about Lloyds Bank The sensible solution here is the boring one: the UK state has a big minority position in a major company, so it should reduce it as demand permits http://link.ft.com/r/UXDMSS/SU2YQ4/YHDR05/R3JGOL/NRZ93D/QR/h?a1=2013&a2=5&a3=24   Investors weigh life left in bull run The Nikkei's 7.3% plunge on Thursday suggests that central bank intervention offers no insurance against a sharp correction http://link.ft.com/r/UXDMSS/SU2YQ4/YHDR05/R3JGOL/DXB5Y0/QR/h?a1=2013&a2=5&a3=24   Dear Brussels, you asked about oil. . . The European Commission sent a questionnaire to oil traders seeking information related to its energy benchmark probe. We imagine possible responses http://link.ft.com/r/UXDMSS/SU2YQ4/YHDR05/R3JGOL/B4T7KV/QR/h?a1=2013&a2=5&a3=24   Commodity currencies lose out to havens Dollar falls against yen and Swiss franc at the end of a volatile week in forex markets, in a retreat that traders said was a sign of profit-taking http://link.ft.com/r/UXDMSS/SU2YQ4/YHDR05/R3JGOL/XBIL6R/QR/h?a1=2013&a2=5&a3=24   Defensive stocks lead London higher FTSE gains 11 points with Next falling the most after a downgrade from Morgan Stanley, which said it now preferred Marks and Spencer http://link.ft.com/r/UXDMSS/SU2YQ4/YHDR05/R3JGOL/IE0DSW/QR/h?a1=2013&a2=5&a3=24   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..