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Market News


Global equities extend losing streak

Fri, 18 May 2012 21:19:50 GMT

Growth assets are shunned as investors fret about the future of the eurozone and the global economy, sending yields on German Bunds lower

Faltering start for the new Facebook

Fri, 18 May 2012 22:23:01 GMT

Glitches delayed the opening of trading and underwriters had to intervene to prevent the group’s shares falling below the $38 price set on Thursday

Spain’s pain becomes Europe’s big fear

Fri, 18 May 2012 18:52:16 GMT

Fears about contagion from Greece and worries about the health of Spanish banks have shifted the focus of the crisis from Athens to Madrid

Haven rush drives bond yields to lows

Fri, 18 May 2012 18:54:14 GMT

Possibility of Greek euro exit has rattled markets and caused investors to buy ‘safer’ assets, pushing UK and German borrowing costs to lows

Resource stocks mirror global economy

Fri, 18 May 2012 21:04:41 GMT

Decline of groups involved in supplying essential raw materials for business show how investors really feel about the global economy’s direction

We hate the expression ‘repression’

Fri, 18 May 2012 19:14:49 GMT

It is an ugly phrase, but ‘financial repression’ is the reason that many investors are buying government bonds for a return-free risk

Facebook fails to meet high expectations

Fri, 18 May 2012 21:21:43 GMT

S&P 500 financials index loses over 6% to make it the worst performing sector on the week, led by JPMorgan as its deals with fallout from $2bn loss

Russian crop damage worries lift wheat

Fri, 18 May 2012 18:19:32 GMT

Concerns over the past few weeks about limited rainfall in southern Russia push US benchmark prices for the grain to an eight-month high

Euro remains close to annual lows

Fri, 18 May 2012 18:20:34 GMT

Single currency ceases sell-off but remains below $1.27, while Aussie and New Zealand dollar fall to fresh lows on global economic concerns

ITV weakens as FTSE 100 drops

Fri, 18 May 2012 19:54:28 GMT

Banks and mining stocks lead the wider market to its sharpest weekly fall since September, with the benchmark index down 5.5% for the week