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Financial Times
beyondbrics



London headlines

* Asia retreats as Syria worries re-emerge

* Kenya lines up record $1.5bn bond debut

* Gold miners begin strike in South Africa

* Mexican peso: down but not out

* Global growth shifts away from emerging economies

* Turkish lira hit by central bank inaction

* US-Russia grandstanding threatens to hijack G20 debate

Markets: mostly down

Asia retreats as Syria worries re-emerge
Resurgent nervousness about looming military action in Syria and a lack of strong economic or corporate data pushed Asian equities into the red.
http://on.ft.com/14i2Oh8

Kenya lines up record $1.5bn bond debut
Kenya is planning sub-Saharan Africa's biggest debut sovereign bond issue with a $1.5bn note, betting that the forthcoming trial of President Uhuru Kenyatta for alleged crimes against humanity will not deter foreign investors.
http://on.ft.com/17JOKxR

Gold miners begin strike in South Africa
Thousands of miners in South Africa's gold sector downed tools on Tuesday as a fresh wave of industrial unrest hit the struggling mining sector in Africa's largest economy.
http://on.ft.com/18AP4Kv

Mexican peso: down but not out
Oh the perils of being popular. Mexico's peso has been a darling emerging market currency – liquid and widely held – and yet it still tumbled to its lowest level in a year on Tuesday. How unfair!
http://on.ft.com/1a4isfg

Global growth shifts away from emerging economies
Momentum in the global economy is shifting away from emerging markets and back to advanced economies after years in the doldrums, the Organisation for Economic Co-operation and Development said on Tuesday, making significant revisions to its economic forecasts.
http://on.ft.com/1dCtDjh

Turkish lira hit by central bank inaction
The Turkish lira came under renewed pressure yesterday after the central bank failed to announce new measures to shore up one of the currencies most exposed to the recent turbulence in emerging markets.
http://on.ft.com/14i3oeV

US-Russia grandstanding threatens to hijack G20 debate
When the leaders of 20 nations gather on Thursday in St Petersburg for the annual G20 summit, they will be doing their best to focus on a host of economic issues, but trying hard not to look over their shoulder at the increasingly precarious chemistry between two of their number: US President Barack Obama and Russian President Vladimir Putin.
http://on.ft.com/1cCPunJ

Emerging Markets
MSCI Emerging Market Index down -0.11% at 932.94

Americas
DJIA up +0.16% at 14,834
S&P 500 up +0.42% at 1,640
Bovespa down -0.40% at 51,626

Asia
Nikkei 225 down -0.50% at 13,908
Topix up +0.30% at 1,153
Hang Seng down -0.39% at 22,308
Shanghai Composite down -0.03% at 2,122
MSCI Asia ex-Japan down -0.42% at 511.37
CNX Nifty up +1.07% at 5,399

Currencies
€/$ 1.32 (1.32)
$/¥ 99.62 (99.56)

Commodities
Brent Crude (ICE) up +0.08 at 115.76
Light Crude (Nymex) down -0.19 at 108.35
100 Oz Gold (Comex) up +1.00 at 1,413

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