Robin Hood tax: A long shot, Quick View: NYSE’s prop...
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FT Trading Room
Tuesday May 21 2013
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Financial Times - FT Trading Room
Robin Hood tax: A long shot
European plans for a financial transaction levy are facing such fierce opposition that they are unlikely to survive without being watered down
http://link.ft.com/r/R5WAEE/FDUUOI/C51OYF/R3JP0H/20SPO8/ID/h?a1=2013&a2=5&a3=21
Quick View: NYSE's prophetic objection
The flash crash that sent Anadarko Petroleum shares to one cent has called into question the SEC's new rules for circuit breakers
http://link.ft.com/r/R5WAEE/FDUUOI/C51OYF/R3JP0H/VTK91P/ID/h?a1=2013&a2=5&a3=21
Sifma chooses top Republican as chief
Judd Gregg will lead the Securities Industry and Financial Markets Association as regulators implement final stages of reform under Dodd Frank Act
http://link.ft.com/r/R5WAEE/FDUUOI/C51OYF/R3JP0H/PN7KRQ/ID/h?a1=2013&a2=5&a3=21
Markets
Shares hover near cyclical highs
Trading remains cautious as investors wait for Federal Reserve chairman Ben Bernanke's testimony about the US economy on Wednesday
http://link.ft.com/r/R5WAEE/FDUUOI/C51OYF/R3JP0H/K9CMED/ID/h?a1=2013&a2=5&a3=21
Kyle Bass bets on full-blown Japan crisis
While hedge-fund trade of the year has been to short the yen and buy Japanese stocks, he sees signs of stress he has been predicting for three years
http://link.ft.com/r/R5WAEE/FDUUOI/C51OYF/R3JP0H/3CJU0C/ID/h?a1=2013&a2=5&a3=21
Argentine soyabean farmers return to market
The slow flow from Argentina, which accounts for 10% of the world's soyabean exports, has kept markets tight but is likely to increase
http://link.ft.com/r/R5WAEE/FDUUOI/C51OYF/R3JP0H/GY82DK/ID/h?a1=2013&a2=5&a3=21
Earnings in focus at FTSE's 12-year peak
UK inflation data are expected to do little to discourage the Bank of England to do more to boost the economy as Carnival issues profit warning
http://link.ft.com/r/R5WAEE/FDUUOI/C51OYF/R3JP0H/20SPOO/ID/h?a1=2013&a2=5&a3=21
Pound slides on inflation slowdown
CPI of 2.4% for April was lower than expected as the dollar resumed its rise following profit-taking that saw the US currency give up some gains
http://link.ft.com/r/R5WAEE/FDUUOI/C51OYF/R3JP0H/LSV5QK/ID/h?a1=2013&a2=5&a3=21
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