Markets am: European stocks on front foot, Rupee climbs after la...

To view this email as a webpage, click here     Friday August 09 2013     Markets   European stocks on front foot   Better than expected Chinese industrial production data raise hopes about the world's second-biggest economy, countering caution over Fed tapering       Rupee climbs after latest RBI measures   India's currency is among the biggest movers, climbing against the dollar as authorities step up efforts to curb its losses     Norwegian oil fund raises equity holdings   Norway's oil fund has raised its holdings in equities to a record level as the world's largest sovereign wealth fund continues to demonstrate its dislike of bond markets     Miners lead FTSE advance after China data   Hopes of a China-led revival of the commodity boom was spurred by industrial output data and lifted London mining sector     Tesla surges as US indices flat   The S&P 500 was fractionally higher at 0.1 per cent to 1,691.12, poised to end its three-day losing streak, while the Nasdaq rose 0.3 per cent         Video   Money to be made from miners?   Fears about China's slowdown have been soothed by strong trade data, which have given miners a boost. But investment editor James Mackintosh warns that investors in mining stocks will need solid proof that China has turned around before they can hope for a sustained rise in shares.           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.