DAILY

28TH January 2014

PSI20: -1.24% DAX30: -0.46% FTSE100: -1.70% S&P500: 0,61% NIKKEI225: -0.17%
By its exposure to emerging markets, BCP, Jernimo Martins and Portugal Telecom shares had a major influence in last Mondays loss, with PSI-20 falling more than 1%. More >> Portuguese 10-year debt yield increased above 5.3%, after last week drop. This increase was primarily due to the tension that has been given in emerging countries. More >> According to CaixaBI, the revenues of Portucel were 358.2 million between October and December, a decline of 8.6% (YoY). More >> European stocks fell for a third day, sending the Stoxx Europe 600 Index to its lowest level in a month, with BG Group Plc and Vodafone Group Plc tumbling. More >> In a report, the German research institute, Ifo said its Business Climate Index rose to a seasonally adjusted 110.6 in January, above forecasts for 110.0 and up from a reading of 109.5 in December. More >> As Europe's first earnings season of the year gets underway, Goldman Sachs has warned that European equity valuations no longer look cheap and that short-term risks are increasing. More >> U.S. stocks surged on Tuesday, with the DJIA rebounding after a five-session rout, as investors embraced better-than-expected quarterly earnings from companies including D.R. Horton and Pfizer. More >> Orders for long-lasting equipment unexpectedly slumped in December by the most in five months, indicating companies are less sure than households that the U.S. economy is strengthening. More >> U.S. consumer confidence rose more-than-expected in January to hit a five-month high, industry data showed on Tuesday. More >>

The Australian dollar continues to post gains on Tuesday and is trading at the 0.88 line. NAB Business Confidence improved to 6 points, a three-month high. More >> Taiwan said its export-driven economy grew a preliminary 2.92 percent in the October-December quarter versus a year ago, handily beating the median forecast of 1.8 percent in a Reuters poll. More >> Indias (SENSEX) benchmark stock index fell to a one-month low and the rupee climbed after the central bank unexpectedly increased its main interest rate to curb inflation and steady the currency. More >>

NATURAL GAS ($4.872/MmBtu; +2.47%): Natural gas futures soared on Tuesday after updated weather-forecasting models backtracked on calls for a warming trend in early February. More >> OIL (WTI $97.11/bl; +1.47% / Brent $107.44/bl; +0.44%): Oil prices retreated from the highest price in four weeks after an industry report showed crude stockpiles increased in the U.S. More >> GOLD ($1252.60/oz t; -0.42%): Gold prices fell as global stock markets recovered from several losing sessions and with rising expectations on FEDs fresh cuts of its USD75 bn stimulus program. More >>

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