US stocks rise after a Great GDP

The Gross domestic product consumption is growing at a much faster rate than anticipated, fueling
speculation that the economy is on the rise and is strong enough for higher interest rates.

Technical Glitch in The Stock Market
The New York Stock Exchanges Securities Information Processor (SIP) had a technical glitch, which made
it impossible for SIP, NASDAG and BATS to communicate with one another. Ultimately though, there
wasnt a trading halt.




GOLD ($1,199.90/oz t, -2.04%): Gold prices fell to the lowest levels of the session on Thursday, after data
showed that the U.S. economy grew more than expected in the third quarter. More >>
OIL (WTI: $80.97/bl, -1.50%; BRENT: $86.08/bl, -1.19%): Crude oil futures fell on Thursday after upbeat U.S.
growth data and a Federal Reserve decision to close its monthly bond-buying program bolstered the dollar.
More >>

NATURAL GAS ($3,855/MmBtu, +1.77%): Natural gas prices rose on Thursday after forecasts for falling U.S.
temperatures offset a bearish supply report, with expectations building for heating demand. More >>

DAILY BRIEFS
European shares close higher; Alcatel-Lucent up 16%
European stocks ended the day higher on Thursday after a bumpy day of trading, as investors pondered
the U.S. Federal Reserve's next move.

UK housing market still losing momentum
House price growth in the U.K. is continuing to soften, suggesting the property market has lost
momentum, according to one of the country's largest mortgage providers.

PSI-20 dropped nearly 1.5% penalized by Jernimo Martins and banking sector falls
Contrary to the trend that was observed in European Indexes, the Portuguese Index closed down .The
PSI-20 was essentially penalized for drops in about 9% of Jernimo Martins and 3,5% of BCP.

Jernimo Martins shares sink 9% reaching minimums of 2010
After reporting a fall of 15.5% on its profits until September this year, the Portuguese companys shares
dropped almost 9% in todays session.
30
TH
OCTOBER 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: -1.47% DAX30: +0.31% FTSE100: +0.15% S&P500: +0.62% NIKKEI225: +1.46%
Nikkei climbs on U.S. economy optimism; Nintendo shines
Japan's Nikkei share average soared on Thursday as promising signs from the U.S. economy boosted
investor confidence. The Nikkei benchmark gained 0.7 percent to 15,658.20.

ICICI Posts Record Profit on Wider Margins, Retail Loans
ICICI Bank Ltd. (ICICIBC), Indias largest private-sector lender by assets, posted a 15 percent increase in
quarterly profit as interest margins widened and loans to individuals grew.