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U.S. stocks slid on Thursday after mixed economic reports cast a favorable light on the labor market while

also illustrating the economy expanded less than economists expected at the end of last year.  More >> 

In a report, the Bureau of Economic Analysis said gross domestic product grew at a seasonally adjusted

annual rate of 2.6% in the fourth quarter, below expectations for growth of 2.7%. More >> 

The National Association of Realtors said on Thursday its pending home sales index, based on contracts

signed last month, fell 0.8% to 93.9 in February. That was the lowest level since October 2011. More >> 

DAILY27th March 2014

OIL (WTI: $101.25/bl, +1.08% ; BRENT: $107.64/bl, +0.62% ): WTI advanced after supplies at Oklahoma,

the delivery point for the contract, reached a two-year low. Brent gained in London. More >> 

NATURAL GAS ($4.530/MmBtu, +3.12%): Natural gas futures shot up on Thursday after data revealed

Americans demanded more of the commodity last week than expected. More >> 

GOLD ($1292.00/oz t, -1.16%): Gold prices fell after strong U.S. quarterly growth and weekly joblessclaims solidified expectations for the FED to wind down monthly asset purchases this year. 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: +0.11%  DAX30: +0.03%  FTSE100: -0.26% S&P500: -0.19%  NIKKEI225: +1.01%

Asia’s benchmark stocks gauge rose toward the highest close in two weeks, reversing earlier losses, as

utilities advanced. More >> 

The New Zealand dollar reached an 11-month high and Australia’s currency extended gains versus most

major peers amid signs of resilience in the South Pacific nations’ economies . More >> 

South Korean Consumer Confidence remained unchanged at 108, from 108 in the preceding month.

Analysts had expected South Korean Consumer Confidence to rise to 110 last month. More >> 

European equities edged higher on Thursday, lifted by a rise in telecoms equipment maker Alcatel and oil

group Total which were both boosted by new Chinese deals. The euro zone's blue-chip Euro STOXX 50index inched up by 0.1 percent to 3,133.75 points. More >> 

Retail sales in the U.K. rose much more than expected in February, underlining optimism over the

country’s economic outlook, official data showed on Thursday.  The U.K. Office for National Statistics said

retail sales increased by a seasonally adjusted 1.7% last month. More >> 

PSI-20 gained 0.11% to 7515.31 points, after swinging between gains and losses in the final stages of

negotiation. The index heavy-weight PT declined 1.82%, after the approval of shareholders to advance

with the capital increase that will lead to the merger of PT and Oi. More >> 

Portugal and Greece are the only two eurozone countries in which labor costs have declined since the

beginning of the crisis in 2008, according to data released by Eurostat on Thursday. In fact, between 2008

and 2013 Portugal recorded a negative change in labor costs of 5.1%. More >>