Tracy Alloway used to be deputy editor of FT Alphaville. Here she learned the details of derivatives, the absurdities of accounting and the various structures of ... erm ... structured finance. She now covers big US banks for the FT paper, including Goldman Sachs and Morgan Stanley. She pops up on FT Alphaville every once in a while.
Learn moreIf the Great British Krona had a vote, it would definitely be going towards the Conservatives.
We’re being facetious of course; currencies don’t have political preferences, or consciousness for that matter. But something they do have — and increasingly in the case of sterling — is correlation. Read more
It’s lost the psychologically important $1.50 level (irony intended, readers).
| Market | Last price | Today's change |
52 week high |
|
|---|---|---|---|---|
| FTSE 100 Index: FSI As of May 23 2013 16:35 |
6,697 | -143.48 | -2.1% | 6,876 |
| FTSEurofirst 300 Index: FSI As of May 23 2013 17:15 |
1,230 | -26.34 | -2.1% | 1,258 |
| S&P 500 INDEX: WCB As of May 22 2013 05:00 |
1,655 | -13.81 | -0.8% | 1,687 |
| Euro/US Dollar FX Spot Rate As of May 23 2013 14:39 |
1.29 | +0.01 | +0.6% | 1.37 |
| ICE Brent Crude Oil Front Month: IEU As of May 23 2013 20:00 |
102.50 | -0.10 | -0.1% | 119.17 |
| COMEX GOLD 1 FUTURES CHAIN Front Mon: CMX As of May 23 2013 18:35 |
1,392 | +24.40 | +1.8% | 1,795 |
© The Financial Times Ltd 2013 FT and 'Financial Times' are trademarks of The Financial Times Ltd.
1About China's capacity to absorb more capital
2Japan's mini crash: Blame China, not just Ben
3Spain's awful unemployment
4The Nikkei: a market abducted by retail
5S&P 2,100, by Goldman Sachs
Show more6Everlasting credit, the long view
7Measure it however you like: inflation has been low and falling
8Buyback to enrich
9Apple Operations International, facts (?) du jour
10Bernanke's testimony to the Joint Economic Committee
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