DAILY

05thnovember 2013
PSI20: +0.29% DAX30: -0.31% FTSE100: -0.25% S&P500: -0,28% NIKKEI225: +0.17%
Contradicting the European trend, Portuguese main Index closed positive (+0.29%). Jernimo Martins had a major influence, growing 2.64% to 14.4.More>> After the growth of 1.1% between April and June, the Portuguese economy will stagnate in the third and fourth quarters of this year, but it will probably grow 1.5% in 2015. More>>More>> Fitch Ratingsexpects the Constitutional Court to disapprove some of the measures included in the state budget for 2014 and includes the position of the court as a threat to the 'rating' of Portugal. More>> European stocks fell from a five-year high as the European Commission cut its growth forecast for the euro area and Bayerische Motoren Werke AG retreated after reporting results.More>> Euro zone unemployment will remain near its record high for the next two years amid subdued economic growth. Eurostat also announced that Euro zone PPI inched up 0.1% in September. More>>More>> Service sector activity in the U.K. expanded at the fastest rate since May 1997, fuelling optimism over the countrys economic outlook. It rose to 62.8, when analysts had expected it to fall to 59.8. More>> U.S. stocks closed down, with Wall Street pausing after a 2-session rise, showing the U.S. services industry expanded more-than-expected this month offset softer economic headlines from Europe.More >> Tesla Motors Inc. (TSLA), the top seller of premium all-electric autos, plunged 11 percent after reporting quarterly vehicle sales that missed some estimates.More >> Treasury 10-year notes fell for the 4th time in 5 days as the U.S. services sector grew faster than forecast last month, underpinning speculation the Fed may move up the timing of asset-purchase cuts. More >>

Asian equity markets closed out mixed in choppy trade as investors focused on global central bank meetings and awaited key U.S. economic data.More>> Half a year after Bank of Japan unleashed record monetary easing, economists see the bank failing to meet its inflation target, underscoring the case for stronger steps to revive the economy.More>> In Taiwan CPI fell unexpectedly in the last quarter to a seasonally adjusted annual rate of 0.64%, from 0.83% in the preceding quarter while analysts had expected CPI to rise to 1.1%.More>>

OIL (WTI 93.40$/bl; -1.17%; Brent 105.35$/bl; -0.78%):Oil prices dropped to levels not seen since June amid concerns that weekly U.S. supply will reveal the world's largest economy is awash in crude.More >> GOLD(1311.00$/oz t; -0.30%):Gold prices fell on Tuesday after U.S. service-sector data beat expectations and gave the dollar a shot in the arm, weakening the yellow metal in the process. More >> NATURAL GAS (3.487$/MMBtu; +1.63%):Natural gas prices rose after updated weather forecasting models called for below-normal temperatures across the eastern half of the U.S. next week. More >>

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