Markets am: China growth helps cheer markets, Indian stocks clos...

 
 
To view this email as a webpage, click here
 
 
Friday October 18 2013
 
 
Markets
 
China growth helps cheer markets
 
Accelerating economic growth in China coupled with a fresh all-time high for the S&P 500 brightens sentiment across equity markets
 
 
 
Indian stocks close in on three-year high
 
Sensex and rupee buoyed by a pickup in Chinese economic growth and optimism that the US will maintain its quantitative easing policy
 
 
Rebound in corporate debt issuance expected
 
This month's US government shutdown also furloughed corporate debt issuance and now bankers expect a rebound in bond sales by companies
 
 
Dollar pressured by Fed taper delay talk
 
A resolution of debt talks in Washington have only added to pressure on the dollar, as investors assess the economic impact of the government shutdown
 
 
Advertisement1
 
 
Video
 
New dawn in Washington
 

The US's near-default will probably be seen as a blip in the continuing global equity rally, Chris Iggo, chief investment officer of fixed income at Axa Investment Managers, tells John Authers. However, he says US Treasury bonds still look expensive

 
 
 
 
 
Manage email
  
Forward this email
 
Feedback
  
Manage portfolio
 
Subscribe to the FT
 
Follow the FT
twitter facebook google plus linkedin
 
Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help
 
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.