DAILY

22ndOctober 2013

 

OIL  (WTI 98.28$/bl; -1.11% / Brent 110.06$/bl; +0.22%) and GOLD  (1340.20$/oz t; +1.90%): Crude oil

prices fell and gold rose after the U.S. September jobs report disappointed investors and painted a

picture of a U.S. economy still battling headwinds along its road to recovery.  More on Oil >> More on

Gold >>

 NATURAL GAS (3.592 $/MMBtu; -1.72%): Natural gas prices fell on Tuesday after official data revealed

mild autumn weather in the U.S. cut into demand in recent weeks.  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: -0.84%  DAX30: +0.90%  FTSE100: +0.62%  S&P500: +0.57%  NIKKEI225: +0.13% 

 

Asian equities closed mixed in subdued trade as investors stayed on the sidelines before the U.S.

September jobs report. More >> 

 Home prices in China’s four major cities jumped the most since January 2011, as the government refrains

from introducing more property curbs that would hinder economic growth.  More >> 

 

Singapore and China will introduce direct trading between their currencies, helping the city-state

compete with Hong Kong and London as an offshore yuan hub.  More >> 

 

Stocks recovered from session lows to close higher, with the S&P 500 hitting a new high above 1,750,

after the tepid September jobs report gave further evidence to investors that the Fed will continue to

support the economy at the current pace.  More >> 

 

Employers in the U.S. added fewer workers to payrolls than projected in September, indicating the US

economy had little momentum leading up to the federal government shutdown. The addition of 148,000

workers followed a revised 193,000 gain in August that was larger than initially estimated.  More >> 

 European equities rose to a five-year high in a broad-based rally after a weak U.S. jobs report boosted

expectations that the Federal Reserve would keep monetary policy ultra-loose for longer.  More >> 

 Members of European Parliament in the civil liberties committee voted in favor of strengthening the

European Union's data protection laws, which have not yet been made into legislation.  More >> 

 Bank of England Governor Mark Carney hired McKinsey & Co. and Deloitte LLP to review the central

bank’s resources and identify cost savings after it took on expanded responsibilities.  More >> 

 The Portuguese stock Index fell 0.84% to 6347.41 points, reverting the positive trend of the last ten

sessions and being the most devalued Stock Exchange in Europe on Tuesday.  More >> 

 The Portuguese Government reviewed upwards its estimate of employee costs and intermediate

consumption, while stating that it has earned less capital revenue in 2013 . More >> 

 Banif will not wait for Brussels to raise its capital levels and will start soon issuing 140 million euros of

equity to international investors.  More >>