CFTC’s Gensler says Libor ‘unsustainable’, BoE calls...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/19JYUU/OFABCD/NS2NI4F/UU56TC/   FT Trading Room Tuesday April 23 2013 Financial Times - FT Trading Room   CFTC's Gensler says Libor 'unsustainable' US regulator demands an immediate change to process, saying that this would restore market integrity and promote financial stability http://link.ft.com/r/19JYUU/JQLT78/PR2T3G/4CBTY1/9MP92J/4O/h?a1=2013&a2=4&a3=23   BoE calls for more clearing house powers Bank's deputy governor says regulators need the legal powers to allow them to take over clearing houses that are close to liquidation http://link.ft.com/r/19JYUU/JQLT78/PR2T3G/4CBTY1/LSCHIB/4O/h?a1=2013&a2=4&a3=23   Misuse of collateral creates systemic risk Rather than reducing risk, as theory would suggest, collateral in practice creates different risks for a number of reasons, Satyajit Das says http://link.ft.com/r/19JYUU/JQLT78/PR2T3G/4CBTY1/VTXAPA/4O/h?a1=2013&a2=4&a3=23   Markets   Europe stocks shrug off poor data Markets retreat as a reading on China's manufacturing sector suggesting growth has slowed adds to concerns about economic outlook http://link.ft.com/r/19JYUU/JQLT78/PR2T3G/4CBTY1/PNZ6S8/4O/h?a1=2013&a2=4&a3=23   Italian bond yields fall below 4% Growing confidence has pushed down costs in recent days, with bond yields dropping to 3.97% on Tuesday – the lowest since November 2010 http://link.ft.com/r/19JYUU/JQLT78/PR2T3G/4CBTY1/52RYOK/4O/h?a1=2013&a2=4&a3=23   ECB rate-cut speculation hits euro Weak eurozone manufacturing and services PMI data raise likelihood of near-term rate action, analysts say, as single currency loses 0.6% to $1.2974 http://link.ft.com/r/19JYUU/JQLT78/PR2T3G/4CBTY1/1OQWB7/4O/h?a1=2013&a2=4&a3=23   Abe fires up Japanese property stocks Since it became clear Shinzo Abe was to return as prime minister the Topix index has risen almost 40%, making it the world's best performing market http://link.ft.com/r/19JYUU/JQLT78/PR2T3G/4CBTY1/RPM0RB/4O/h?a1=2013&a2=4&a3=23   ABF and Arm results lift London's FTSE Demand for cheap clothes and smart chips help the FTSE 100 make progress after strong earnings from Arm Holdings and Associated British Foods http://link.ft.com/r/19JYUU/JQLT78/PR2T3G/4CBTY1/1OQWBM/4O/h?a1=2013&a2=4&a3=23   Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..