DAILY 

6th June 2013

 OIL (WTI 94.75 $/bbl; +1.04% / Brent 103.55 $/bbl; +0.59%): Oil prices rose on support from strong U.S.

supply numbers and a ECB decision to hike its 2014 growth forecast.  More>> 

 GOLD (1412.75 $/oz t; +0.84%): Gold futures advanced to a 3-week high as the dollar weakened against

the euro and yen, increasing demand for the precious metal as an alternative investment.  More>> 

 NATURAL GAS (3.837 $/MMBtu; -4.04%): Natural gas prices took a nose dive towards 3-month lows on

Thursday after official data revealed U.S. stockpiles shot up way past expectations last week.  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: -1.36% DAX30: -1.19% FTSE100: -1.59% S&P500: +0.85% NIKKEI225: -0.85% 

 Asian stocks fell to new lows on Thursday, as sentiment remained vulnerable due to ongoing volatility in

Nikkei, fears of Fed tapering and caution ahead of key central bank meetings in Europe.  More>> 

 Japan’s five largest online brokerages posted record trading in May amid surging equity volume as the

nation’s shares rose to the highest levels since August 2008 before tumbling into a correction. More>> 

 Sales of Samurai bonds, yen-denominated notes sold by overseas borrowers in Japan, surged to 223

billion yen last month, the most since November, according to data compiled by Bloomberg.  More>> 

 U.S. stocks rose, with the S&P 500 Index erasing earlier losses to snap a two-day losing streak, as

investors weighed the Fed ’s stimulus plans before a report on employment growth tomorrow.  More>> 

 The number of Americans filing new claims for unemployment benefits fell last week, pointing to

moderate job growth despite slowing economic activity.  More>> 

 Consumer confidence last week was unchanged near a five-year high as Americans had the least

pessimistic views on the economy since 2008.  More>> 

 Turkish bond yields surged and stocks slumped after Prime Minister Erdogan failed to calm investor

concern as anti-government protesters demonstrated for the seventh day. The lira depreciated . More>> 

 German factory orders (GRIORTMM) fell more than economists predicted in April as Europe’s largest

economy struggled to gain strength. More>> 

 European Central Bank President Mario Draghi said the euro-area economy will return to growth by the

end of the year, handing policy makers a reason to hold back fresh stimulus . More>> 

 Economic and social council agreed that an ambitious budget consolidation may not be as effective as

expected, hampering economic growth and increasing recession and unemployment. More>> 

 Government council decided to dismiss managers of public companies involved in the speculative swap

contracts in CP, Metro do Porto, Carris, STCP e EGREPP .  More>> 

 Markets react negatively to Mario Draghi’s speech. He admitted economic fragilities in EU, yet he hasn’t

presented any non-conventional measure to fight them.  More>>