The latest markets news from the Financial Times, with stock data, financial commentary and investor analysis
Currency trading in London surges
Average daily turnover for trade in global currencies in the UK was just less than $2tn in October, according to a semi-annual survey
Shipowner pays Glencore to use vessel
An agreement to pay to carry grain from Japan via Australia to Europe highlights the depth of slump in the dry bulk shipping rate
Greek worries weigh on Wall Street
US stocks followed global indices lower, as Greece appeared to edge closer to default while disappointing earnings also help stall the rally
Brent crude oil breaks three-month high
Cold winter weather in Europe and Russia and production problems in Africa help push up price but US benchmark fails to see similar uplift
Greece talks cast lengthy shadow
Sentiment on global markets restrained by disunity of Greek politicians on austerity measures but selling looks modest
FTSE lower as investors remain cautious
Shares edge lower with Barclays out of favour on concerns that it might kick off the bank earnings season on a downbeat note
Dollar gains on euro caution
Sterling under pressure as more UK stimulus looms with yen the only leading currency to hold its ground against the dollar
Brazilian equities burst back into life
Having been left reeling from Europe’s debt crisis last year growing risk appetite and a stream of IPOs are driving a resurgent Bovespa
Money flows back into emerging markets
Equity funds which fell out of favour for much of last year attracted $3.5bn in the week ending February 1, the most in almost a year
Zero-based money risks trapping recovery
Bill Gross says that with a flat yield curve working as a disincentive for lenders low rate policy rations credit as fiercely as it does risk