Double standards over FTT’s impact on pension funds,...


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Financial Times
FT Trading Room
Monday June 03 2013

Financial Times - FT Trading Room
 
Double standards over FTT's impact on pension funds
From Ms Sharan Burrow. Sir, It is touching that the banking and asset managers' lobby is showing concern for the impact of a financial transaction tax
http://link.ft.com/r/WDI4RR/DXPRVB/V1W98Z/IIXCP4/4VFIQZ/36/h?a1=2013&a2=6&a3=3
 

Markets
 
Shares start month on weaker footing
Market data add to fears that the US Federal Reserve will slow bond purchases, as investors absorb mixed economic information from China
http://link.ft.com/r/WDI4RR/DXPRVB/V1W98Z/IIXCP4/B4TF3X/36/h?a1=2013&a2=6&a3=3
 
Lower yen could pop China's asset bubbles
China's real exchange rate has become overvalued, and it is heavily exposed to developed world countries ratcheting down their real exchange rates
http://link.ft.com/r/WDI4RR/DXPRVB/V1W98Z/IIXCP4/MJA8OR/36/h?a1=2013&a2=6&a3=3
 
Euro gains on stronger manufacturing data
Euro rises 0.3% after purchasing managers' indices show manufacturing in Italy, France, Spain, Germany and eurozone contracted at slower rate in May
http://link.ft.com/r/WDI4RR/DXPRVB/V1W98Z/IIXCP4/LS2G6N/36/h?a1=2013&a2=6&a3=3
 
FTSE retreats on US stimulus worries
The best risers of the calendar year, including Arm Holdings and BT Group, are among the biggest fallers as profit-taking hits share prices
http://link.ft.com/r/WDI4RR/DXPRVB/V1W98Z/IIXCP4/6A3QSA/36/h?a1=2013&a2=6&a3=3
 
Beijing returns to global metals market
State Reserves Bureau seeks to take advantage of price slide with deals for 30,000 tonnes of nickel as well as making enquiries about copper
http://link.ft.com/r/WDI4RR/DXPRVB/V1W98Z/IIXCP4/A5LRNM/36/h?a1=2013&a2=6&a3=3
 
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