May, 2011
Markets Live transcript 3 May 2011
Markets Live chat transcript for the chat ending at 11:28 on 3 May 2011. Participants in this chat were: Neil Hume, FT bryce.elder NHHola markets rabble NHand welcome to Markets Live
Volatile silver
It turns out that bank holidays can make for interesting silver markets:
As Dow Jones noted, two weeks of gains for the precious metal were erased in only 11 minutes as markets opened for electronic trading in Asia on Monday,
The ECB’s separation principle rules OK
The ECB announces its monetary policy decision on Thursday and is widely expected to keep rates unchanged at 1.25 per cent.
What’s much less clear is whether President Trichet will use the phrase “strong vigilance”.
Further reading
Elsewhere on Tuesday,
- A golden flash crash.
- Goldman’s special UK tax treatment.
- Trading Osama markets, and trading actual Osama.
- Meanwhile, after Osama.
- Time to shift to a multi-currency reserve system.
Pink picks
Comment, analysis and other offerings from Tuesday’s FT,
Ahmed Rashid: Now to break al-Qaeda’s franchise
The colonial conquests of Muslim societies by the west were followed by freedom struggles and,
Snap news
Breaking pre-market news on Tuesday,
- Germany’s Metro on target to meet full year earnings forecast — statement.
- Thorntons warns on profits; blames warm easter weather — statement.
- Nasdaq and ICE launch hostile offer for NYSE — statement.
El-Erian: Implications for global markets of Bin Laden’s death
Mohamed El-Erian, chief executive and co-chief investment officer at investment fund PIMCO responds to Sunday’s news that Osama bin Laden, was killed near the Pakistani capital of Islamabad following a “targeted operation” by US forces.
FTfm on AV
Some highlights from Monday’s FTfm.
Takeovers enhance value, study shows
Listed companies that make significant acquisitions are sharply outperforming wider equity markets, according to new research,