Markets am: Summers’ withdrawal boosts global stocks, Summers’ e...

To view this email as a webpage, click here     Monday September 16 2013     Markets   Summers' withdrawal boosts global stocks   Equities and EM currencies rise along with US stock and Treasury futures on the view that the more dovish Yellen is the clear choice to lead US Fed       Summers' exit sparks a relief rally   Sustainability of Asia gains are questionable as markets refocus on domestic challenges and forthcoming tapering of Federal Reserve stimulus     EM currencies lifted by easy policy hopes   EM currencies jump on hopes that easy monetary policy in the US will continue for longer thanks to prospect of a less hawkish Fed chair     How Bernanke gets what he wants   Federal Reserve chairman has managed to tighten US financial conditions by more than 100 basis points without touching the Fed funds rate     EM investors hide out in Korexico   South Korea and Mexico have been two of the best defensive stories around in emerging markets in recent months         Video   Lehman's Legacy: Recovery's Taper Test   Five years ago this weekend, Lehman Brothers collapsed. Long View columnist John Authers analyses the aftermath and whether there is still a price to pay for the remedies administered           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.