Markets am: Bourses buoyed by hopes of US debt deal, Credit defa...

To view this email as a webpage, click here     Tuesday October 15 2013     Markets   Bourses buoyed by hopes of US debt deal   Stocks gain as Senate leaders close in on a pact to raise US borrowing limit and avert a potential sovereign default as Thursday's deadline looms       Credit default swaps run out of road   The amount of such swaps outstanding has shrivelled to less than half of what it once was, fuelling speculation that the market for single-name CDS is on its deathbed     Investor optimism runs high for Abenomics   Dragging Japan out of its deflationary slump would be a major achievement, but without growth the BoJ's balancing act would become precarious     Puerto Rican woes hit US bond insurers   S&P warns MBIA and Assured Guaranty that they will need to set aside more than $100m if US territory's credit rating is downgraded by two categories     Tech-related precious metals tumble   A price slide for rhodium, ruthenium and iridium in recent months points to weaker demand from the high-tech industries that use them         Video   Abe dents Japan's deflation deadlock   Shinzo Abe's strategy to return Japan to growth is a year old. The country is now at an inflexion point, says Miyuki Kashima, head of Japanese equities at BNY Mellon Asset Management Japan, who discusses Japan's long-term opportunities with John Authers           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.