DAILY

21st October 2013

PSI20: +0.87% DAX30:+0.02% FTSE100: +0.48% S&P500: +0.01% NIKKEI225: +0.91%
The Portuguese stock market closed positively for the eighth consecutive day, reaching the highest price since August 2011, the beginning of the Portuguese financial support program. More >> Portugal's current account swung to a surplus of 1.16 billion euros in the first eight months of 2013 from a deficit of 1.7 billion euros a year ago. More >> Portugal is seeking to negotiate a precautionary credit line from its international lenders early next year, confident it will not need to resort to a second aid programme. More >> European shares closed near five-year highs on Monday, helped by gains from Philips and SAP, as well as encouraging U.S. housing data. More >> London house prices rose at an unsustainable rate in October as demand from overseas investors added pressure to a market with an already small supply of properties. More >> Germanys producer price index rose more-than-expected last month, to a seasonally adjusted annual rate of 0.3%, when analysts had expected it to rise only 0.1%. More >> Stocks finished narrowly mixed in lackluster trading after the S&P 500 hit another record high and as investors were reluctant to make big bets ahead of the September government jobs report. More >> Netflix shares jumped more than 10% after the company said it gained more subscribers than expected at home and abroad and predicted additional growth this quarter. More >> The NAR said that sales of re-sold homes fell 1.9% last month to a seasonally adjusted annual rate of 5.29 million. That's down from a pace of 5.39 million in August, which was revised lower. More >>

Asian equities kicked off the week higher on Monday as investors took cues from the S&P 500's record high last week and as bets on extended U.S. monetary stimulus lifted risk appetite. More >>

Japans Prime Minister evokes the late Margaret Thatcher stating that there is no alternative to his
platform of economic change. One of the results: prospects for a Thatcherite division of wealth. More >> Japans all industries activity index rose last month to a seasonally adjusted 0.3%, fr om 0.4% in the preceding month whose figure was revised down from 0.5%. More >>

OIL (WTI 99.66$/bl; -1.40% / Brent 109.80$/bl; -0.18%): Oil prices weakened on Monday, holding on to losses after a government report showed that U.S. oil supplies rose more-than-expected in the week ended October 11. More>> NATURAL GAS (3.666$/ MMbtu; -3.91%):Natural gas prices slid on Monday on growing concerns that mild weather in recent weeks may have hampered demand for the fuel and pushed up inventories in the process. More >>

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