Markets am: Hong Kong battles to liven up IPO market, Retailers ...

 
 
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Wednesday October 02 2013
 
 
Markets
 
Hong Kong battles to liven up IPO market
 
New listings rules are designed to tighten up market standards in anticipation of a wave of smaller Chinese companies looking to raise funds
 
 
 
Retailers weigh on European stock indices
 
European stock markets dip amid concerns about the continuing US government budget crisis and political uncertainty in Italy
 
 
Gold steadies after steep sell-off
 
Recent sell-off comes amid lack of safe haven buying triggered by macro uncertainty over the shutdowm on the US federal government
 
 
US defence stocks shake off shutdown
 
US defence contractors ticked up to recover some recent losses as investors greeted the first day of a government shutdown with a rally
 
 
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Deflation to drag down S&P 500
 

Russell Napier, stock market historian, predicted in 2009 that easy monetary policy would drive a long rally in stocks, followed by a crash taking the S&P 500 below its 2009 low. He tells John Authers he sticks by that, but now thinks it will be driven by deflation, not inflation

 
 
 
 
 
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