Markets am: Emerging markets selling hits sentiment, Miners bear...

To view this email as a webpage, click here     Tuesday August 20 2013     Markets   Emerging markets selling hits sentiment   Indonesia leads Asia-Pacific region's decliners amid worries about potential for a balance of payments crisis       Miners bear down on London's FTSE   London equity markets have suffered sharp falls the first half hour of trading as Glencore's $7.7bn writedown and Billiton's results weigh     Rupee slides again as confidence ebbs   India's currency sinks past Rs64 to the US dollar, extending a series of record lows as negative sentiment batters markets     US stocks slide again   The Nasdaq Composite Index rose as much as 0.6 per cent, but closed the day 0.4 per cent lower at 3,589.09, with Intel shares standing out         Video   No Bollywood ending for the rupee   Talk of the US tapering bond purchases has pushed up Treasury yields, ended cash flow to emerging markets and sent the rupee to a record low. However, investment editor James Mackintosh says it is worth contemplating the prospect of a pause in the twin sell-offs of emerging markets and Treasury bonds.           Manage email    Forward this email   Feedback    Manage portfolio Subscribe to the FT Follow the FT   Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.