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MAY 02, 2013 - FT Alphaville

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The 6am Cut London

Asian stocks fell for a second day after weaker than expected growth in US ADP payrolls and manufacturing. The yen rose, curbing the earnings outlook for Japanese exporters. The Nikkei fell more than 1%. (Bloomberg) Expectations are high for an ECB rate cut today to 0.5% from 0.75%. The rate decision is due at 11:45am GMT, and the news conference at 12.30pm. (Reuters)Continue reading: The 6am Cut London

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