Markets am: Nikkei slides as Abe strategy underwhelms, Record eq...

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/KC2844/VTD421/4N3CU1/M9C43G/   Markets morning briefing Wednesday June 05 2013 Markets   Nikkei slides as Abe strategy underwhelms Fears continue over when the US Fed will start winding down its massive bond purchases, while Japanese stocks dive after Prime Minister Abe's speech http://link.ft.com/r/KC2844/RP275S/V1W98Z/NJEWL6/IE06OO/82/h?a1=2013&a2=6&a3=5   Record equities highs are far from crazy The gradual rise in risky assets is likely to continue as risk premia moderate further, and as profits and dividends grow on the back of an improving global economic cycle http://link.ft.com/r/KC2844/RP275S/V1W98Z/NJEWL6/Z8QIEI/82/h?a1=2013&a2=6&a3=5   US dividend show at risk of over-running High yielding stocks in the utilities and telecoms sectors have fallen sharply over the past month, thanks to the sharp jump in bond yields that has reduced the attractiveness of such companies http://link.ft.com/r/KC2844/RP275S/V1W98Z/NJEWL6/IE06OV/82/h?a1=2013&a2=6&a3=5   FTSE falls as focus turns to economy Riskier financial and resources stocks take the biggest overall toll, after their run higher to May's 13-year peak left them looking overvalued http://link.ft.com/r/KC2844/RP275S/V1W98Z/NJEWL6/WHYKD9/82/h?a1=2013&a2=6&a3=5   Mrs Watanabe starts a Mexican wave Japanese retail investors bet on Mexico's exposure to an improving US economy and shift away from the Australian dollar http://link.ft.com/r/KC2844/RP275S/V1W98Z/NJEWL6/LS2CV7/82/h?a1=2013&a2=6&a3=5   Is copper at $7,000 a bargain for China? The powerful State Reserves Bureau's intentions behind its various inquiries about buying the red metal have been the talk of the market http://link.ft.com/r/KC2844/RP275S/V1W98Z/NJEWL6/IE06O0/82/h?a1=2013&a2=6&a3=5   Fed 'tapering' fears lift mortgage rates The average rate on a US mortgage has soared above 4 per cent for the first time in more than a year, reflecting recent turmoil in the bond market http://link.ft.com/r/KC2844/RP275S/V1W98Z/NJEWL6/6A3FNP/82/h?a1=2013&a2=6&a3=5   In depth - FT.com Great tax race Austerity Europe Libor scandal Video Markets Tide turns for austerity Tight fiscal controls are bad for the health of developed economies, says Joachim Fels, chief international economist at Morgan Stanley. He also talks to John Authers, senior investment columnist, about the trend towards easier monetary policy, even from the European Central Bank. 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..