金融时报-11-28

Subscribe In print and onlinewww.ft.com/subscribetodayemail: fte.subs@ft.comTel: +44 20 7775 6000Fax: +44 20 7873 3428Briefingi Deere forecast deepens US farms gloomThe tractor maker has forecast its sales and netincome will decline sharply in 2020, confoundinganalyst expectations and highlighting the toughconditions facing the US farming industry.— PAGE 11i Merkel rebukes Macron over NatoThe German chancellor has warned that Europe istoo weak to defend itself without Nato, an impliedrebuke to the French president’s recent claim thatthe military alliance was “brain-dead”.— PAGE 2i Strong backing for Von der LeyenUrsula von der Leyen has secured strong backingfrom the European Parliament for her vow to lead a“geopolitical” EU executive that will take on US techcompanies and tackle climate change.— PAGE 2i Johnson seeks to secure UK role in spaceThe PM has agreed to boost UKfunding for the European SpaceAgency by more than 15 percent, easing concerns overBritish access to space deals asBrexit nears.— PAGE 2i Pressure on South Korea slavery victimsPolitical groups have lobbied victims of wartimeforced labour to drop proceedings against Japanesecompanies to defuse a trade dispute. Lawyers balkat what they see as judicial interference.— PAGE 4i French farmers in Paris tractor protestFarmers angered by government policies that theysay threaten their livelihoods have driven up to1000 tractors into the city as social challengesmount for President Emmanuel Macron.— PAGE 3i Debt fears spook US junk bond marketInvestors have begun to pull back from the riskiestUS corporate bonds, fearing that a brighteningdomestic economy might not save hundreds ofcompanies struggling under heavy debt.— PAGE 11DatawatchGoing deep stateWhy Trump should learn to lovebureaucrats — JANAN GANESH, PAGE 9THURSDAY 28 NOVEMBER 2019WORLD BUSINESS NEWSPAPEREUROPEWorld MarketsSTOCK MARKETSNov 27prev%chgS&P 5003148.403140.520.25Nasdaq Composite8690.678647.930.49Dow Jones Ind28120.3328121.680.00FTSEurofirst 3001602.971597.890.32Euro Stoxx 503711.343705.550.16FTSE 1007429.787403.140.36FTSE All-Share4108.094092.770.37CAC 405926.845929.62-0.05Xetra Dax13287.0713236.420.38Nikkei23437.7723373.320.28Hang Seng26954.0026913.920.15MSCI World $2294.782290.650.18MSCI EM $1047.841053.47-0.53MSCI ACWI $547.71547.170.10CURRENCIESNov 27prev$ per €1.1001.102$ per £1.2881.284£ per €0.8540.858¥ per $109.380 109.085¥ per £140.848 140.065SFr per €1.0991.100€ per $0.9090.908Nov 27prev£ per $0.7770.779€ per £1.1711.166¥ per €120.313 120.152£ index79.56179.988SFr per £1.2861.282COMMODITIESNov 27prev%chgOil WTI $57.6358.41-1.34Oil Brent $63.6064.27-1.04Gold $1454.651458.40-0.26INTEREST RATESpriceyieldchgUS Gov 10 yr129.221.760.02UK Gov 10 yr148.170.590.03Ger Gov 10 yr-0.370.00Jpn Gov 10 yr118.64-0.12-0.01US Gov 30 yr111.862.190.01Ger Gov 2 yr105.69-0.640.00priceprevchgFed Funds Eff1.832.04-0.21US 3m Bills1.601.61-0.01Euro Libor 3m-0.44-0.440.00UK 3m0.790.780.01Prices are latest for editionData provided by Morni