Markets am: China trade data reignites equity rally, Mixed fortu...

 
 
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Thursday August 08 2013
 
 
Markets
 
China trade data reignites equity rally
 
Stocks are broadly higher, with commodities rallying on China trade data, but Japan's exporter-heavy Nikkei is hit by a stronger yen
 
 
 
Mixed fortunes for FTSE 100 insurers
 
Insurers moved to both the top and the bottom of the index, with recovering Aviva on top of the leaderboard and Standard Life the biggest faller
 
 
Financials drop as S&P 500 falls again
 
The broader fall in US stocks put S&P 500 on track for its first three-day losing streak since early June. The benchmark index is off 1.1% in that time
 
 
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Carney's get-out clauses
 

Governor Mark Carney said the Bank of England intends to keep interest rates low for years to bring unemployment down. However, James Mackintosh, investment editor, says the loopholes are so big investors fear the targets offer little new support.

 
 
 
 
 
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