Daily 25.03.2014

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U.S. stocks climbed on Tuesday, with equities bouncing back after two days of losses, as investors embraced data that had consumer confidence hitting a six-year high in March. More >>  U.S. consumer confidence rose to the highest level since January 2008, increasing to 82.3 this month from a reading of 78.3 in February.  Analysts had expected the index to inch up to 78.6 in March.  More >>  The Commerce Department said on Tuesday that sales fell 3.3 per cent to a seasonally adjusted annual rate of 440,000 units, t he lowest level since last September.  More >> DAILY 25 th March 2014 OIL (WTI: $99.12/bl, -0.26% ; BRENT: $106.92/bl, +0.33% ): WTI fell on Tuesday as investors remained spooked over soft Chinese output data released during the weekend, largely shrugging off robust U.S. consumer confidence data. More >> NATURAL GAS ($4.402/MmBtu, +2.60%): Natural gas futures shot up on Tues day as blizzard was set to roar across the northeast and hike demand for heating. Investors snapped up the commodity on expectations that demand for natural gas will be stronger. 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 erro r in the content of any news. PSI20: +0.82% DAX30: +1.63% FTSE100: +1.30% S&P500: +0.44% NIKKEI225: -0.36%  The MSCI Asia Pacific Index fell after the biggest rally in a month on Monday as data showed slowing U.S. factory activity and investors weighed prospects of recession in Russia.  More >>  China’s yuan fell, reversing an earlier advance, amid concern that growth is slowing and default risks are rising in Asia’s largest economy. More >>  Hong Kong Trade Balance fell to a seasonally adjusted -53.7B, from -20.0B in the preceding month. Analysts had expected Hong Kong Trade Balance to fall to -39.0B last month. More >> European shares rebounded on Tuesday, anticipating of stimulus measures from the European Central Bank (ECB) and the Chinese central bank to help their economies fight off any slowdown. The eu ro zone's blue-chip Euro STOXX 50 index rose 1.4 percent to 3 096.64 points.  More >>  German business confidence deteriorated slightly in March, one month after hitting the highest level since July 2011. The German research institute, Ifo said its Bu siness Climate Index declined to a seasonally adjusted 110.7 in March, below forecasts for 111.0 and down from 111.3 in February.  More >>  The national stock exchange closed this Tuesday in positive territory for the first time in five sessions, with the PSI-20 climbing 0.82% to 7 438.23 points, with 13 listed advancing. PSI20 followed the trend of European counterparts, after data showed an improve ment on US consumer confidence. More >>  The public accounts showed a deficit of 31 million by the end of February, falling far below the target for the deficit in the first quarter, to EUR 1.7 billion value, which takes into account the commitment with the troika to reduce it to equivalent to 4% of GDP at the end of year. More >> 

Transcript of Daily 25.03.2014

Page 1: Daily 25.03.2014

 

U.S. stocks climbed on Tuesday, with equities bouncing back after two days of losses, as investors

embraced data that had consumer confidence hitting a six-year high in March. More >> 

U.S. consumer confidence rose to the highest level since January 2008, increasing to 82.3 this month from

a reading of 78.3 in February. Analysts had expected the index to inch up to 78.6 in March. More >> 

The Commerce Department said on Tuesday that sales fell 3.3 per cent to a seasonally adjusted annual

rate of 440,000 units, the lowest level since last September. More >> 

DAILY25th March 2014

OIL (WTI: $99.12/bl, -0.26% ; BRENT: $106.92/bl, +0.33% ): WTI fell on Tuesday as investors remained

spooked over soft Chinese output data released during the weekend, largely shrugging off robust U.S.

consumer confidence data. More >> 

NATURAL GAS ($4.402/MmBtu, +2.60%): Natural gas futures shot up on Tuesday as blizzard was set to

roar across the northeast and hike demand for heating. Investors snapped up the commodity on

expectations that demand for natural gas will be stronger. 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 erro r in the content of any news.

PSI20: +0.82%  DAX30: +1.63%  FTSE100: +1.30%  S&P500: +0.44% NIKKEI225: -0.36% 

The MSCI Asia Pacific Index fell after the biggest rally in a month on Monday as data showed slowing U.S.

factory activity and investors weighed prospects of recession in Russia. More >> 

China’s yuan fell, reversing an earlier advance, amid concern that growth is slowing and default risks are

rising in Asia’s largest economy. More >> 

Hong Kong Trade Balance fell to a seasonally adjusted -53.7B, from -20.0B in the preceding month.

Analysts had expected Hong Kong Trade Balance to fall to -39.0B last month. More >>

European shares rebounded on Tuesday, anticipating of stimulus measures from the European Central

Bank (ECB) and the Chinese central bank to help their economies fight off any slowdown. The euro zone's

blue-chip Euro STOXX 50 index rose 1.4 percent to 3 096.64 points. More >> 

German business confidence deteriorated slightly in March, one month after hitting the highest level

since July 2011. The German research institute, Ifo said its Business Climate Index declined to a seasonally

adjusted 110.7 in March, below forecasts for 111.0 and down from 111.3 in February. More >> 

The national stock exchange closed this Tuesday in positive territory for the first time in five sessions, with

the PSI-20 climbing 0.82% to 7 438.23 points, with 13 listed advancing. PSI20 followed the trend of

European counterparts, after data showed an improvement on US consumer confidence. More >> 

The public accounts showed a deficit of 31 million by the end of February, falling far below the target for

the deficit in the first quarter, to EUR 1.7 billion value, which takes into account the commitment with the

troika to reduce it to equivalent to 4% of GDP at the end of year. More >> 

Page 2: Daily 25.03.2014