DAILY

5th December 2013

PSI20: -0.84% DAX30: -0.61% FTSE100: -0.18% S&P500: -0.43% NIKKEI225: -1.50%
The Portuguese market finished another session falling, with the economic indicators in the U.S. pointing to a cut in incentives for short. More>> Stock prices of Correios de Portugal (CTT) in the middle of the day valuated more than 8%, but the enthusiasm decreased over a session of losses on exchanges. Closed price was 5.54 (+0.03%). More>> According to Eurostat, in 2012, 25.3% of the Portuguese people were at risk of poverty, being an increase of 0.9 pp from 2011. Almost 2.7 thousand Portuguese may fall the poverty line. More>> European equities closed lower as investors grew concerned about deflation risk in the euro zone, and as increased worries regarding when the Federal Reserve may taper its stimulus program.More >> European Central Bank President Mario Draghi re-affirmed that interest rates will stay low for the foreseeable future, after officials cut their inflation forecast for next year. More>> In a report, InstitutoNacional de Estadistica said that Spanish Industrial Production fell to -0.8%, from 0.8% in the preceding month whose figure was revised down from 1.4%. More>> U.S. stocks closed lower on Thursday, with the Dow industrials and S&P 500 extending losses into a fifth day, after data had the economy growing more rapidly than expected.More >> Obamas administration, bolstering a sustained push by Democrats to extend emergency unemployment benefits, warned on Thursday that a lapse may cost the U.S. as many as 240,000 jobs in 2014. More >> The U.S. economy expanded more in the third quarter than initially estimated, setting the stagefor a possible slowdown in the final three months of the year.More >>

Indian shares outperformed on hopes for an opposition party victory in state elections while the rest of region fell ahead of key U.S. data and central bank meetings. More>> The Japanese government approved an 18.6 trillion yen ($182 billion) stimulus package on Thursday aimed at dulling the impact of an upcoming tax hike on the economy.More>> Chinas central bank barred financial institutions from handling Bitcoin transactions regulating the virtual currency after an 89-fold jump in its value sparked a surge of investor interest in the country. More>>

OIL(WTI $97.37/bl; +0.31%): Oil prices rose after U.S. gross domestic product and weekly jobless claims reports beat expectations and depicted a recovery that is gaining steam and poised to demand more fuel and energy going forward. More >> GOLD ($1225.50/oz t; -0.97%):Gold prices fell but remained range bound after solid U.S. economic growth and jobless claims data firmed up talk the Federal Reserve will begin scaling back stimulus programs within the coming months.More >>

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