Markets pm: Firmer Wall St help Europe reverse losses, Lower yen...


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Financial Times
Markets afternoon briefing
Monday June 03 2013

Markets
 
Firmer Wall St help Europe reverse losses
Soft US manufacturing figures offer support to equity bears but help push dollar back below Y100 as Treasury bonds reverse early price falls
http://link.ft.com/r/DHGUVV/6A9I2Z/QFZDL0/XHUEYB/SUW24O/RF/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/DHGUVV/6A9I2Z/QFZDL0/XHUEYB/6A3QNK/RF/h?a1=2013&a2=6&a3=3
 
Setback hits structured loans market
'Skin in game' rules managers have been able to circumvent to be strictly enforced, which will make it harder for small managers to raise new funds
http://link.ft.com/r/DHGUVV/6A9I2Z/QFZDL0/XHUEYB/XBI5YC/RF/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/DHGUVV/6A9I2Z/QFZDL0/XHUEYB/Z8QWEM/RF/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/DHGUVV/6A9I2Z/QFZDL0/XHUEYB/OF7OZT/RF/h?a1=2013&a2=6&a3=3
 
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