DAILY

11th March 2014

 

OIL (WTI: $99.43/bl; -1.49% / Brent: $107.75/bl; +0.45%): WTI dropped amid speculation that crude

stockpiles expanded in the U.S.. Brent was stable in  London. More >> 

 GOLD ($1347.70.50 oz t; +0.53%): Gold prices edged higher on Tuesday as the ongoing Russian

standoff in Ukraine bolstered the yellow metal's appeal as a hedge.  More >> 

 NATURAL GAS  ($4.596/MmBtu; -1.09%): Natural Gas futures decline as moderate weather cuts fuel

use. More >> 

DISCLAIMER:Daily Briefs contains a summary of financial news covered on conventional news services around the world. Daily Briefs coverage of subjects is based

whims of its volunteer contributors. FEP Finance Club is not responsible for any imprecision or error in the content of any news.

PSI20: +0.98%  DAX30: +0.46%  FTSE100: -0.06% S&P500: -0.51%  NIKKEI225: +0.69%

 Asian stocks rose, with the regional benchmark index rebounding after dropping the most in two weeks

on Monday, after the Bank of Japan maintained record monetary easing.  More >> 

 The Bank of Japan kept its monetary stimulus in place on Tuesday as the overall economy is recovering

but downgraded its view of exports given recent weak shipments to Asia.  More >> 

 Chinese regulators approved a trial program to establish five privately owned  banks as the government

seeks to ease restrictions on the state-controlled banking industry.  More >> 

 U.S. stocks declined on Tuesday, with the S&P 500 retreating from its record, as news from China hit

commodity prices, concern about Ukraine lingered and investors awaited signals on the direction of the

economy. More >> 

 Job openings came in at 3.974 million, below the 4.015 million expected but up from December's revised

print of 3.914 million. The hire rate and separation rate were basically unchanged at 3.3% and 3.2%,

respectively. More >> 

 European stocks were little changed, after swinging between gains and losses, as investors weighed

economic data and the growing conflict in Ukraine for their impact on company earnings. The STOXX

Europe 600 Index added less than 0.1 percent to 331.49 at the close in London.  More >> 

 

Germany’s trade balance fell more-than-expected last month, official data showed on Tuesday. Destatis

said that Germany’s Trade Balance fell to 17.2B, from 18.3B in the preceding month whose fig ure was

revised down from 18.5B. More >> 

 PSI20 advanced 0.98% to 7 641.78 points, and it beaten European Indexes on Tuesday for the second day

in a row. The index closed higher and reached new highs since May 2011, with the financial sector

advancing (BCP rallied 5.30%, and BPI surged 1.32%) as Portuguese Govt Bonds’ yields slid.  More >> 

 

According to data released by INE, the Portuguese GDP grew 1.7% YoY in Q4 2013 (this figure was

revised up from 1.6% YoY). The main contributor to this growth was the domestic demand (+0.1%), in

particular the consumer spending that increased 0.7% YoY.  More >>