DAILY

9TH April 2014

PSI20: +0.40% DAX30: +0.16% FTSE100: +0.68% S&P500: +1.09% NIKKEI225: -2.10%
PSI20 advanced 0.4% to 7495.15 points, following the trend of its European peers. The index gains were boosted by the energy sector and the construction sector. Banks fell after IMF said in its annual financial stability report that Portuguese banks are the most exposed to hyper-indebted companies. More >>

Exports of goods recorded an annual increase of 5.4% in the three months ended in February, after a
growth of 5.9% between November and January. Considering only the month of February, there was an improvement over January. More >>

European shares rebounded on Wednesday, led by gains in automakers, although some traders said caution ahead of the European earnings season could curb near-term progress. The pan-European FTSEurofirst 300 index closed up by 0.4 percent at 1,338.12 points. More >> Germanys trade balance fell unexpectedly last month, official data showed on Wednesday. In a report, Destatis said that Germanys Trade Balance fell to 15.7B, from 17.3B in the preceding month whose f igure was revised up from 17.2B. More >>

U.S. stocks jumped on Wednesday, lifting the Nasdaq Composite into positive terrain for the year, after minutes from the Federal Reserve's last session offset concern about when the central bank would raise interest rates. More >> The number of positions U.S. Treasurys $21 billion 10-year note auction attracted the least demand from investors who place bids directly since January. The notes were sold at yield of 2.72%, compared with a forecast of 2.71% in a Bloomberg News survey of seven of the Feds 22 primary dealers. More >>

Asian stocks outside Japan rose to their highest level in five months. Japanese equities slid after the yen on Tuesday strengthened the most since August. More >> South Koreas unemployment rate dropped to 3.5% in March from 3.9% in February, although the fall was partly attributed to a rise in those taking early retirement from service sector jobs. More >> The Australian and New Zealand currencies advanced after data showed home-loan approvals increased at a faster pace than estimated in the larger nation. More >>

OIL (WTI $103.53/bl, +1.17%; BRENT $107.88/bl, +0.29%): Oil climbed to a one-month high as a government report showed that rising gasoline use reduced inventories of the fuel. Brent rose on concern that Libyan exports return may be delayed. More >> NATURAL GAS ($4.551/MmBtu, +1.79%): Natural gas futures rose on Wednesday after updated weather-forecasting models called for below-normal temperatures hovering over parts of the central and eastern U.S. in the coming days, which should hike demand for heating. 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 on t whims of its volunteer contributors. FEP Finance Club is not responsible for any imprecision or error in the content of any news.