Markets am: Rally pauses despite Syria relief, Funds play “Hunt ...

To view this email as a webpage, click here     Wednesday September 11 2013     Markets   Rally pauses despite Syria relief   The dampening of risk appetite is evident in currency markets, with the haven asset of the yen rebounding from two-month lows plumbed earlier in the session       Funds play "Hunt the Europe Discount"   France may be the most acutely out of favour: Mr Market seems to think each barrel of oil Chevron pulls out of the ground will be worth twice as much as a similar barrel for Total.     Post crisis policies promise only stagnation   The real solution always required reducing debt, reversing imbalances, decreasing financialisation and modifying behaviours, says Satyajit Das     US stocks rally defies September fears   The recovery for Wall Street has come despite expectations that the prospects of a "tapering" of the Federal Reserve's monetary stimulus and the escalating crisis over Syria would weigh on equities     Verizon set for biggest-ever debt sale   Operator on course to borrow $49bn and sale is expected to be nearly three times Apple's record, set in April with $17bn bond     Dow remix sign of struggle to be relevant   The Dow weights companies according to their share price rather than their market value, so low-priced companies have little impact     Spain weighs 50-year bond as costs fall   Yields on Spanish 10-year bonds drop to 4.51 per cent compared with the yield of more than 4.53 per cent on Italian equivalents         Video   Lehman's Legacy: The World Economy   Since the Lehman collapse five years ago the feared retreat from globalisation has not happened. FT columnist John Plender discusses with John Authers why global trade has continued its climb, concerns over unemployment and fears of a China slowdown           Manage email    Forward this email   Feedback    Manage portfolio Subscribe to the FT Follow the FT   Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.