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Financial Times |
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FT.com - Financial Markets News
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FT.com - Financial Markets News
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Overview: Record oil prices bring inflation fears to fore
UK and European equities shuddered to their lowest levels since 2005, a bleak end to a torrid week, as record oil prices fuelled inflation fears and sent investors fleeing to safety
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ECB's dovish tone weakens euro
The euro sold off sharply this week after the European Central Bank signalled it was not planning another rise in eurozone interest rates. The move came as the single currency looked to be staging an assault on its record high above $1.60 against the dollar
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Rampant oil overshadows falling metals
Trading was dominated during the week by surging oil prices. The rise in energy prices, however, masked losses in base metals and some agricultural commodities
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ITV bucks trend as FTSE hits 2½-year low
London markets hit their lowest level in more than 2½ years, but ITV bucked the trend as takeover talk provided a distraction from trading worries
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Europe's stocks end week in negative terrain
Steel stocks lost their gleam in Europe as fears about slowing demand for cars tarnished the whole sector
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