Markets pm: Sentiment buoyed after Shanghai pares losses, ECB ne...

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/EB8122/XBEIU8/K2AQ7U/M9C43G/   Markets afternoon briefing Tuesday June 25 2013 Markets   Sentiment buoyed after Shanghai pares losses The Shanghai Composite index falls again as investors remain concerned about a cash crunch for the Chinese banks and Federal Reserve tapering http://link.ft.com/r/EB8122/06YBYR/OJ2XU6/HYXCO0/FD60LC/VU/h?a1=2013&a2=6&a3=25   ECB needs timely response to Fed tapering ECB president Mario Draghi must act carefully so that the eurozone does not become a major casualty of US monetary policy, writes Ralph Atkins http://link.ft.com/r/EB8122/06YBYR/OJ2XU6/HYXCO0/3CF3ET/VU/h?a1=2013&a2=6&a3=25   Inflation linkers offer scant protection More than four-fifths of the 5,528 bond mutual funds which have been tracked by the research group Lipper have lost money this year http://link.ft.com/r/EB8122/06YBYR/OJ2XU6/HYXCO0/SUXDZI/VU/h?a1=2013&a2=6&a3=25   Shanghai's swings compound jitters Chinese stocks are comfortably the worst performers in Asia this year to date, and on an annual basis things look even worse http://link.ft.com/r/EB8122/06YBYR/OJ2XU6/HYXCO0/XBE9WF/VU/h?a1=2013&a2=6&a3=25   JGBs offer investors oasis of calm Compared with US Treasuries, which have sold off violently since Fed hinted at winding down QE, Japanese government bonds have seemed an oasis of calm http://link.ft.com/r/EB8122/06YBYR/OJ2XU6/HYXCO0/NR750I/VU/h?a1=2013&a2=6&a3=25   London's FTSE climbs after Asia recovery London markets move higher after Chinese markets stage a late recovery that leaves them with only minor losses at the close after steep morning falls http://link.ft.com/r/EB8122/06YBYR/OJ2XU6/HYXCO0/MJZMOD/VU/h?a1=2013&a2=6&a3=25   Trafigura's Russian oil ambitions The oil and metals trading house, which until now has been focused on metals in the region, tries to break into territory dominated by rivals http://link.ft.com/r/EB8122/06YBYR/OJ2XU6/HYXCO0/RPWKAI/VU/h?a1=2013&a2=6&a3=25   In depth - FT.com Libor scandal Austerity Europe Great tax race 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..