Hints and tips:
...It has shut down one of its main engineering sites, making about 40 staff redundant, and put the V-Charge on ice....
...In a press call this morning, Mr Lewis said Tesco’s new Farm Brands range had sold well....
...Manufacturing PMI; est. 51.3 (prior 51.5) It’s a big week for economic data, culminating in US non-farm payrolls on Friday. There’s a roundup at ft.com/weekahead ....
...Samsung C&T has defended its decision to recommend the takeover, blaming external factors — foreign competition and volatile commodity prices — for share price moves....
...Often, he argues, an ordinary share or bond may offer similar exposure....
...(FT) Journalism v Silicon Valley The media has lost control of production and distribution to the opaque algorithms of Google and Facebook....
...Long-dated Treasury bonds also remained in vogue ahead of Friday’s employment report. The yield on 30-year bonds touched a new low for the year at 3.43 per cent, a level last seen in June....
...Non-farm payrolls data showed that 288,000 jobs were created in the US in April, beating expectations of 218,000 in a Bloomberg poll of analysts....
...Industrial commodities were soft, with copper down 0.6 per cent in London at $7,110 a tonne and Brent crude easing 6 cents to settle at $108.63 a barrel....
...Asian stock markets rose after better than expected official China PMIs and Fed reassurances about the pace of bond-buying. The MSCI Asia Pacific rose 1%....
...(Financial Times)(Bloomberg) TODAY: US non-farm payrolls. Consensus forecast is for an increase of 165,000 jobs in June....
...($) Brent Crude (ICE) down -0.33 at 103.58 Light Crude (Nymex) down -0.49 at 95.69 100 Oz Gold (Comex) unchanged 0.00 at 1,378 Copper (Comex) unchanged 0.00 at 333.90 10-year government bond yields (%)...
...doubts on Chinese involvement in UK projects Markets: mixed Nikkei falls but losses muted as Asia awaits US jobs data Most Asian markets opened in the red, although losses were muted ahead of key US non-farm...
...(Bloomberg)(FastFT) Today: US non-farm payrolls, factory orders. Fed’s Bullard speaks on the economy. UK construction PMI. Companies reporting: RBS, Rentokil, Man Group....
...Meanwhile, core bonds are ambiguous about the weakening of risk appetite, with yields not far from multi-month highs....
...The dollar’s decline suggested that the August non-farm payrolls report was sufficiently lacklustre to encourage more bets that the Federal Reserve may introduce another round of monetary support, possibly...
...(Financial Times) US farms to profit from drought-driven high prices: Net farm income will reach $122.2bn in 2012, the highest-ever nominal profit and the second highest in inflation-adjusted terms after...
...(Bloomberg) - China bids for controversial Australian farm project. (Reuters) - John Gapper: Geithner protests too much....
...For instance, India Inc.’s holders of foreign currency convertible bonds (FCCBs) are reported to have requested the Reserve Bank of India to allow for refinancing these issues with fresh loans at higher...
...Asian stocks took a breather from Thursday’s rally as investors awaited the US non-farm payrolls report due later in the day, says the FT’s global markets overview....
...Analysts were unimpressed by a new strategy to sell completed solar farms to electricity utilities, rather than sell individual panels....
...JPMorgan’s SmartRetirement series, for instance, incorporates small amounts of commodities, natural resources and real estate equities, and direct real estate....
...Commodities are mostly firmer – Brent crude is up 4 per cent to $118 a barrel – while core bond yields are edging higher and the dollar index is down 0.2 per cent in a classic “risk on” scenario....
...Equities are sliding and commodities prices are lower while action in currencies and bonds typifies reticence, with perceived havens such as US Treasuries and the dollar receiving funds....
...Investors moved to lock in profits ahead of August US non-farm payrolls figures due out later on Friday....
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