Markets am: Stocks nudge up as traders await Fed, China bans new...

To view this email as a webpage, click here     Wednesday December 18 2013     Markets   Stocks nudge up as traders await Fed   Mood is positive but caution evident because of uncertainty about whether the Fed will begin tapering its $85bn-a-month stimulus programme       China bans new Bitcoin deposits   Central bank bars exchanges from accepting new inflows of cash, imperilling the much-hyped virtual currency in its biggest market     Ultra rich fear inflation, but love London   92 per cent of the 90 very wealthy people surveyed described prime central London property as a good investment for the next three decades     End of QE will test diversification faith   The monetary stimulus tide will not last forever, and when it dwindles, bonds or equities may no longer be an effective diversifier of portfolio risk     IPO optimism seen accelerating in 2014   A recovery in initial public offerings is expected to accelerate after surging equity markets encouraged companies and sponsors to launch deals     European stocks make modest gains   European equity markets climb ahead of a Federal Reserve policy meeting at which the central bank could elect to reduce its stimulus programme     3M to lift payout after $22bn buyback   Shares in the diversified industrial manufacturer rose after it joined the growing list of US companies to launch big capital returns         Video   Any juice left in markets?   Is there juice left to squeeze from bond and equity markets? Ewen Cameron Watt, chief investment strategist with the BlackRock Investment Institute, discusses with John Authers whether asset allocators can still diversify their risks           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.