Daily 25.06.2014

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U.S. stocks rose with the Dow and S&P 500 bouncing back after a two-day decline, as Wall Street wagered the economy is rebounding from its worst quarterly performance in five years. More >> U.S. durable goods orders fell unexpectedly in May, while core orders also declined, dampening optimism over the strength of the economy, official data showed on Wednesday. More >> In the final release of US 1Q GDP on Wednesday, growth was revised down significantly to -2.9% qoq saar from -1.0% previously. More >> COPPER (3.167/lb, 0.81%): Copper futures fluctuated between small gains and losses on Wednesday to hold near a three-week high struck earlier in the week. More >> OIL (WTI: 106.78/bl, +0.71%; BRENT: 114.20/bl, -0.23%): WTI oil rose on Wednesday, as investors awaited the release of supply data out of U.S. later in the session to gauge the strength of oil demand. More >> NATURAL GAS ($4.569/MmBtu, +0.27%): Natural gas futures rose on Wednesday after updated weather-forecasting models called for a return of typical summertime temperatures in U.S.. More >> DAILY European shares fell today, led lower by a drop in France's CAC index, with traders citing fears that violence in Iraq will escalate further as a cue for investors to cash in on last month's equity rally. More >> German business confidence decreased more than expected in June. However, Germany is still due to outperform its euro-zone peers on the back of its domestic economy. More >> The 'core' economies of Europe are holding back the rest of the Eurozone, where growth was at its highest level since before the recession. More >> PSI-20 contradicted this Wednesday European markets and their downtrend, recording an increase of 0.96%. More >> Despite all the selling pressure around BCP shares and the surprise regarding the dimension of the capital hike, the shares closed in positive territory at €0,18. More >> BES’s shares (-9.04%) sunk today mainly because of the instability surrounding the management team of the bank, following the departure of the former CEO Ricardo Salgado. More >> 25 th June 2014 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:+0.96% DAX30:-0.71% FTSE100:-0.79% S&P500:+0.49% NIKKEI225: -0.71% Asian stocks fell, led by materials shares, as escalating violence in the Middle East sapped demand for riskier assets. More >> China’s first initial public offerings in 4 months will start trading on Thursday after bids for six companies locked up 563.9 billion yuan, fueling concern the deals may divert funds from existing shares. More >> Singapore will introduce a physical gold contract, while Shanghai starts international bullion trading, highlighting a push in the biggest consuming region to establish new price benchmarks. More >>

Transcript of Daily 25.06.2014

U.S. stocks rose with the Dow and S&P 500 bouncing back after a two-day decline, as Wall Street

wagered the economy is rebounding from its worst quarterly performance in five years. More >>

U.S. durable goods orders fell unexpectedly in May, while core orders also declined, dampening optimism

over the strength of the economy, official data showed on Wednesday. More >>

In the final release of US 1Q GDP on Wednesday, growth was revised down significantly to -2.9% qoq

saar from -1.0% previously. More >>

COPPER (3.167/lb, 0.81%): Copper futures fluctuated between small gains and losses on Wednesday to

hold near a three-week high struck earlier in the week. More >>

OIL (WTI: 106.78/bl, +0.71%; BRENT: 114.20/bl, -0.23%): WTI oil rose on Wednesday, as investors awaited

the release of supply data out of U.S. later in the session to gauge the strength of oil demand. More >>

NATURAL GAS ($4.569/MmBtu, +0.27%): Natural gas futures rose on Wednesday after updated

weather-forecasting models called for a return of typical summertime temperatures in U.S.. More >>

DAILY

European shares fell today, led lower by a drop in France's CAC index, with traders citing fears that

violence in Iraq will escalate further as a cue for investors to cash in on last month's equity rally. More >>

German business confidence decreased more than expected in June. However, Germany is still due to

outperform its euro-zone peers on the back of its domestic economy. More >>

The 'core' economies of Europe are holding back the rest of the Eurozone, where growth was at its

highest level since before the recession. More >>

PSI-20 contradicted this Wednesday European markets and their downtrend, recording an increase of

0.96%. More >>

Despite all the selling pressure around BCP shares and the surprise regarding the dimension of the capital

hike, the shares closed in positive territory at €0,18. More >>

BES’s shares (-9.04%) sunk today mainly because of the instability surrounding the management team of

the bank, following the departure of the former CEO Ricardo Salgado. More >>

25thJune 2014

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 the

whims of its volunteer contributors. FEP Finance Club is not responsible for any imprecision or error in the content of any news.

PSI20:+0.96% DAX30:-0.71% FTSE100:-0.79% S&P500:+0.49% NIKKEI225: -0.71%

Asian stocks fell, led by materials shares, as escalating violence in the Middle East sapped demand for

riskier assets. More >>

China’s first initial public offerings in 4 months will start trading on Thursday after bids for six companies

locked up 563.9 billion yuan, fueling concern the deals may divert funds from existing shares. More >>

Singapore will introduce a physical gold contract, while Shanghai starts international bullion trading,

highlighting a push in the biggest consuming region to establish new price benchmarks. More >>