Markets am: Europe stocks firm as US futures edge up, Deflation ...

To view this email as a webpage, click here     Friday November 29 2013     Markets   Europe stocks firm as US futures edge up   Global stocks hover at near six-year highs as traders wait to see if Wall Street can push further into record territory following Thanksgiving break       Deflation can derail the runaway markets   Even the most aggressive monetary easing has its limits as the disconnect widens between rising asset prices and economic growth     RBS seduced by UK's property obsession   A loan may be under water, but if the business plan still stands up, an intelligent lender will not pull the plug     China strings out cotton auction   Cotton reserve sold about half of its stockpile during its first sale this season, raising the possibility of future deep discounts     Dutch rating cut leaves little market impact   Standard & Poor's move to reduce its credit rating on the sovereign debt of the Netherlands had little impact on European markets         Video   Strong sterling, flagging FTSE   Sterling is now higher against the dollar than it was at the end of 2012, yet the FTSE 100 is advancing at only half the pace of the S&P 500 and the Dax. Jamie Chisholm, global markets commentator, tells John Authers why the UK's main stock index does not reflect economic optimism           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.