financial times: Markets am: Tokyo off 3% as inflation data boost yen, Dollar fal...

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Markets morning briefing
Friday July 26 2013

Markets

Tokyo off 3% as inflation data boost yen

Nikkei 225 index tumbles 3% in spite of fresh signs that Abenomics, the prime minister's three-pronged economic plan, is taking effect
http://link.ft.com/r/EB8122/MJV1Y4/XTKJOM/GYKI0R/2038XH/82/h?a1=2013&a2=7&a3=26

Dollar falls on fears of dovish Fed

Catalyst for move appears to be media report saying US central bank may lower jobless threshold and institute target floor for consumer price inflation
http://link.ft.com/r/EB8122/MJV1Y4/XTKJOM/GYKI0R/YGJT5T/82/h?a1=2013&a2=7&a3=26

Pearson tops lacklustre FTSE after results

Shares in Pearson are the best performers in the FTSE 100 after the educational publisher reports a rise in first half revenues
http://link.ft.com/r/EB8122/MJV1Y4/XTKJOM/GYKI0R/PNXJ6I/82/h?a1=2013&a2=7&a3=26

US states of emergency

Video

Markets

Bleak times for coffee growers

Supply shocks sent coffee prices higher in 2009 and 2010, encouraging growers to plant more. But now the price has fallen 60 per cent from its peak and the market seems saturated. The FT's Ben McLannahan says that there is little prospect of improvement

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