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London headlines

* Iran deal dents oil prices, bolsters Asia shares

* Ukraine needs help to shake off Russia

* Relief sweeps Tehran on landmark deal

* Chile: Just deserts

* Trafigura raises $500m from sale of 10% Puma stake

* Jakarta outsider Joko Widodo tipped for national role

* Japan rejects China claim on airspace over disputed islands

* Markets: up!

Iran deal dents oil prices, bolsters Asia shares
Oil prices fell sharply on Monday after Iran and six world powers sealed a deal curbing its nuclear program, a fillip for global economic growth that found expression in heartier share prices in Tokyo and Seoul.
http://reut.rs/18iber9

Ukraine needs help to shake off Russia
The EU has the power and the ability to come back with the means to keep the country out of Moscow's imperialist sphere of influence
http://on.ft.com/1jzL8PT

Relief sweeps Tehran on landmark deal
Iranians hope the Geneva agreement will give the government breathing space to tackle with rocketing inflation, recession and high unemployment
http://on.ft.com/1jzL8PZ

Chile: Just deserts
Michelle Bachelet's promises – more jobs, more education, more tax – could intensify the struggle for viability for the country's copper miners
http://on.ft.com/1jzL96d

Trafigura raises $500m from sale of 10% Puma stake
Trafigura, one of the world's largest commodities trading houses, has raised $500m from the sale of a 10 per cent stake in Puma Energy in a deal that makes a stock market flotation of its fast-growing petrol station and oil terminal unit less likely.
http://on.ft.com/IaBPdn

Jakarta outsider Joko Widodo tipped for national role
As he conducts one of his trademark spot checks on a canal dredging project in a slum area, Joko Widodo, Jakarta governor, is mobbed by hundreds of locals desperate to shake his hand, take a photo or grab one of the exercise books that he is handing out. But although this flood-prone city of 12m people is well into the rainy season, disaster mitigation is not the main game in town.
http://on.ft.com/1bfP5Ks

Japan rejects China claim on airspace over disputed islands
China has attempted to stamp its sovereignty on the airspace over islands that Japan also claims, a move that threatens to escalate a longstanding territorial disputebetween the two Asian powers.
http://on.ft.com/1g524Or

Emerging Markets
MSCI Emerging Market Index up +0.45% at 1,014

Americas
DJIA up +0.34% at 16,065
S&P 500 up +0.50% at 1,805
Bovespa up +0.21% at 52,801

Asia
Nikkei 225 up +1.18% at 15,563
Topix up +0.75% at 1,258
Hang Seng up +0.15% at 23,732
Shanghai Composite up +0.32% at 2,203
MSCI Asia ex-Japan up +0.53% at 552.08
CNX Nifty up +1.48% at 6,084

Currencies
€/$ 1.35 (1.35)
$/¥ 101.76 (101.33)

Commodities
Brent Crude (ICE) down -2.47 at 108.58
Light Crude (Nymex) down -0.96 at 93.88
100 Oz Gold (Comex) unchanged 0.00 at 1,244

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