Markets am: Stocks steady as US shutdown arrives, Markets worrie...

To view this email as a webpage, click here     Tuesday October 01 2013     Markets   Stocks steady as US shutdown arrives   Japanese markets lead Asian peers higher as manufacturers signal upbeat mood while mild reaction to US shutdown reflects beliefs it will be shortlived       Markets worried about US default   For investors, bankers and rating agencies, the idea of the US delaying an interest payment is unthinkable     US shutdown: "Odds favour a short event"   Failure of US politicians to reach and agree a short-term budget extension will lead to about 800,000 federal employees being placed on unpaid leave     US asset managers face tighter scrutiny   The US Treasury Office report highlights ways asset managers could create vulnerabilities in the financial system, a possible prelude to tighter regulation         Video   Is there value in European banks?   Are European banks becoming attractive again? Philippe Bodereau, managing director at Pimco, explains to John Authers where to avoid, and suggests that the UK and Switzerland may offer the most promising returns.           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.