Hints and tips:
...Brent crude is advancing 0.6 per cent to $47.90 a barrel as investors absorb Saudi Arabia and Russia’s pledge to work together to stabilise the market, writes Jamie Chisholm....
...Later, the RBA said Philip Lowe has been named as successor to Glenn Stevens, and will take over the central bank’s reins in September....
...The dollar is a touch firmer, longer-term Treasury yields a bit softer, and gold is losing some lustre, writes Jamie Chisholm....
...Reporting by Jamie Chisholm in London, Peter Wells in Hong Kong and Nicole Bullock in New York For market updates and comment follow us on Twitter @FTMarkets...
...jamie.chisholm@ft.com...
Nikkei up ahead of Japan’s election this weekend
...But on Wednesday the Australian dollar – currently US$0.9309 – barely reacted at all to the latest attempt at verbal intervention by Reserve Bank of Australia governor Glenn Stevens....
...Reporting by Jamie Chisholm in London, Patrick McGee in Hong Kong and Vivianne Rodrigues in New York...
...Reporting by Arash Massoudi in New York, Jamie Chisholm in London and Patrick McGee in Hong Kong...
...Reporting by Arash Massoudi in New York, Jamie Chisholm in London and Naomi Rovnick in Hong Kong...
...The euro is up 0.4 per cent to $1.341 according to the FT’s Global Markets husky Jamie Chisholm....
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