Markets am: Stocks drift as momentum wanes, Aussie climbs on les...

 
 
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Tuesday August 06 2013
 
 
Markets
 
Stocks drift as momentum wanes
 
Stock markets are mixed as bulls pause for breath, slowing the summer rally's momentum while the Fed's tapering lingers in the background
 
 
 
Aussie climbs on less dovish RBA
 
The Australian dollar climbs after the country's Reserve Bank signals a likely halt to its interest rate cutting cycle
 
 
Fresnillo leads London miners lower
 
Shares in Fresnillo are at the bottom of the FTSE 100 after reporting a steep fall in half-year profit and a deep cut to its dividend
 
 
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Video
 
Goldman - going it alone in Europe
 

Goldman Sachs Asset Management has increased its already overweight exposure to the eurozone - something of a lone move among asset management companies. Eddie Perkin, chief investment officer of international equities at Goldman Sachs Asset Management, explains to FTfm editor Chris Newlands why the group is so optimistic over Europe.

 
 
 
 
 
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