Markets pm: Stocks recovering after heavy sell-off, Greek market...
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Markets afternoon briefing
Friday June 21 2013
Markets
Stocks recovering after heavy sell-off
Equity markets in Europe recover some calm after the previous session's heavy sell-off, but Asian and emerging markets suffer further falls
http://link.ft.com/r/XYEWFF/NR0XUJ/JI67RT/R3R768/MJZVR9/HK/h?a1=2013&a2=6&a3=21
Greek markets rattled by political disarray
Investor sentiment toward the country is not helped by uncertainty over how to plug a funding gap in its bailout programme
http://link.ft.com/r/XYEWFF/NR0XUJ/JI67RT/R3R768/B4H1WW/HK/h?a1=2013&a2=6&a3=21
When the interest rate cycle turns vicious
The rise of fixed income exchange traded funds that need a liquid secondary bond market only accentuates the need for the bond market to become more streamlined
http://link.ft.com/r/XYEWFF/NR0XUJ/JI67RT/R3R768/A5TU4W/HK/h?a1=2013&a2=6&a3=21
Chancellor will have eye on election with RBS
Andrew Tyrie's inquiry was set up to fend off attacks following the Libor scandals and, like Leveson, the inquisitors couldn't resist poking into the banking industry
http://link.ft.com/r/XYEWFF/NR0XUJ/JI67RT/R3R768/K920S9/HK/h?a1=2013&a2=6&a3=21
Bargain hunters help FTSE restore calm
Miners, which had fallen foul of the China data on Thursday, lead the advance, with Chile's Antofagasta making the biggest single gain
http://link.ft.com/r/XYEWFF/NR0XUJ/JI67RT/R3R768/NR72F3/HK/h?a1=2013&a2=6&a3=21
Key-man risk a commodities traders' issue
Investors, both on the debt and equity side, are concerned that some big commodities trading houses are not planning succession well ahead
http://link.ft.com/r/XYEWFF/NR0XUJ/JI67RT/R3R768/CWBLX4/HK/h?a1=2013&a2=6&a3=21
In depth - FT.com
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