The (early) Lunch Wrap
Good morning, New York…FT ALPHAVILLE Money keeps leaving Italy: David looks at Italy’s Balance of Payment numbers, out on Monday. In March, foreigners ran away from...
The Closer
ROUND-UPThe S&P 500 went into rebound mode, closing up 1.6 per cent at 1,315.99, its largest one-day gain in two months (Bloomberg). Shares in Apple rose 5.8 per cent, helping...
The 6am Cut London
German and French leaders meet this week to map out a revised plan for the euro as the G8 exposed disagreement on a rescue strategy, reports Bloomberg. The May 23 EU leaders’...
The (early) Lunch Wrap
Good morning, New York…FT ALPHAVILLE Central counterparty clearing and settlement was always intended to make the financial system safer. Izzy discusseshow there may,...
The 6am Cut London
Cameron adds to eurozone warnings. David Cameron will be saying it in a speech today that the single currency unravelling would “carry huge risks for everyone”, reports the FT....
The Closer
ROUND-UPThe S&P 500 dropped for a fourth day, its longest pace of declines for a month, closing down 0.4 per cent at 1,324.80. Bank shares led the way down (Bloomberg)....
The Closer
ROUND-UPThe S&P 500 dropped for a fourth day, its longest pace of declines for a month, closing down 0.4 per cent at 1,324.80. Bank shares led the way down (Bloomberg)....
The 6am Cut London
Asian shares extended losses on Wednesday after Greece failed to form a coalition government, says the FT. The MSCI Asia Pacific index shed 0.7 per cent with Japan’s Nikkei...
The (early) Lunch Wrap
Good morning, New York…FT ALPHAVILLE Greece will not default today. An official stated that a €430m euro bond maturing on Tuesday will be paid on time (it had a 30-day grace period)....
The 6am Cut London
Asian markets on Tuesday continued to suffer from fears about the eurozone, reports Bloomberg. Spanish and Italian 10-year borrowing costs shot up to their highest levels this...
The Closer
ROUND-UPThe 10-year Bund yield fell to a record low (Wall Street Journal) and the S&P 500 hit its lowest level since February, closing down 1.11 per cent at 1,338.35 (Reuters)....
The (early) Lunch Wrap
Good morning, New York…FT ALPHAVILLE Wonder ye then at the fiery hunt? Our resident Ahab, Lisa Pollack, continued her Whale watching tour as JP Morgan’s CIO sent JPM’s...
