8/13/2019 Daily 10.12.2013

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 DAILY

10th December 2013

  OIL(WTI $98.50/bl; 1.16% / Brent $109.45 /bl; +0.27%): Oil prices rise to Six-Week High on projections

of a second consecutive drop in U.S. inventories. More >> 

  GOLD  ($1260.50/oz t; +1.79%):Gold capped the biggest advance since mid-October as the dollar

weakened, boosting the appeal of the precious metal as an alternative investment. More >> 

  NATURAL GAS ($4.253/MMBtu; +0.51%):Natural gas prices rose to a six-month high in New York as

storms brought snow and below-normal temperatures to the East Coast. 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: +0.70% DAX30: -0.88%  FTSE100: -0.55% S&P500: -0.32%  NIKKEI225: -0.25% 

 Asian equity markets declined in tepid trade on Tuesday as investors digested a raft of Chinese economic

reports and ignored a record close on Wall Street. More >> 

 Chinese industrial production rose 10 percent in November from a year earlier, broadly in line with

analyst expectations and compared with an increase of 10.3 percent in October. More >> 

 Household confidence in Japan rose to a seasonally adjusted annual rate of 42.5, from 41.2 in the

preceding month, while analysts had expected the index to rise 44.2. More >> 

 U.S. stocks fell with the S&P 500 retreating from a record close, as investors considered the timing of

reduced monetary stimulus from the Fed and monitored budget negotiations on Capitol Hill. More >> 

 Starbucks Corp. (SBUX), the world’s largest coffee-shop operator, fell the most in more than a year after

an analyst at ITG Investment Research said sales growth in the Americas may be slowing. More >> 

 U.S. wholesale inventories rose more than expected in October, showing little sign of businesses pulling

back after they aggressively accumulated stock in the third quarter. More >> 

 European equities closed lower on Tuesday as Swiss stocks weighed on bourses, and investor caution

over the timing of the U.S. Federal Reserve's reduction of its stimulus program lingered. More >> 

 In a report, the U.K. Office for National Statistics said thatmanufacturing production (YoY) rose at rate of

2.7% in October, below forecasts for a 2.9% gain. More >> 

 European finance ministers attempted to hammer out a deal on how to wind down failing banks, in an

effort to protect the region from another economic crisis. More >> 

 PSI-20 grew for the second consecutive day, contradicting the main European markets. The banking

sector was again the main trigger: BCP (+4.44%), BPI (+1.28%) and BES (+0.69%). More >> 

 The Bank of Portugal reviewed its expectations for the Portuguese economy, stating that this one will

drop 1.5% this year, but it will be positive in 2014, growing 0.8%. More >> 

 Portuguese unemployment registered a small drop in October, falling to 15.7%, on the other hand the

youth unemployment rate grew to 36.5%. More >>