DAILY

4th February 2014

PSI20: +2.50% DAX30: +2.46% FTSE100: +1.72% S&P500: +1.53% NIKKEI225: +0.47%
The PSI20 rose 2.50% to 7 369.86 points, as European Stocks rebound from Mondays crash. The index advanced on Tuesday, with all its 19 components up as Ukraine tensions eased. The index heavyweights PT (+2.31%) and EDP (+2.39%) rose, while BES (+5.22%) was the biggest gainer of the day. More >> According to data released by the National Statistical Institute of Portugal, retail sales increased by 2.4% YoY in January, after a decline last December (-0.4% YoY). However, the employment in the retail sector continued to tumble (-2.4% YoY) in January, after a fall of 1.5% YoY in December 2013. More >> European stocks surged on Tuesday, reversing a big portion of the previous session's sharp losses after Russian President Vladimir Putin said he would only use force in neighbouring Ukraine as a last resort. The euro zone's Euro STOXX 50 rose 2.7 percent at 3 136.33 points. More >> Producer price inflation in the euro zone fell more than expected in January, fueling concerns over deflation, official data showed on Tuesday. Eurostat said that its producer price index declined Year-overyear at an annualized rate of 1.4% in January, compared to expectations for a 1.3% drop. More >>

U.S. stocks jumped on Tuesday, with the Dow and S&P 500 bouncing back after their worst hit in a month, as concerns over the Ukraine ebbed. More >> In a report, Investor's Business Daily and TechnoMetrica Market Intelligence said their IBD/TIPP Economic Optimism Index rose to 45.1 this month. Economists had expected the index to rise to 45.6. More >> Qualcomm Inc. gained 3.4 percent after raising its dividend and boosting its buyback plan. RadioShack Corp. plunged 17 percent after sales missed analysts estimates. More >>

Asian stocks rose, rebounding from the regional indexs first back-to-back declines in a month, as investors weighed the crisis in Crimea and ahead of the National Peoples Congress annual meeting in China starting on Wednesday. More >> Australias central bank reiterated that its likely to maintain a period of record-low interest rates and renewed a reference to the currencys strength. Governor Glenn Stevens and his board kept the overnight cash-rate target at 2.5%. More >>

GOLD ($1336.50/lb; -1.07%): Gold futures fell as demand eased after Russian President Vladimir Putin said that theres no immediate need to send tro ops to Ukraine. More >> NATURAL GAS ($4.635/Mmbtu; +2.73%): Natural Gas rose amid speculation for easing restrictions on exports of the U.S.s natural gas production given current unrest between Russia and Ukraine. More >> Oil (WTI: $103.32/Mmbtu; -1.28%/ BRENT: $109.17/Mmbtu; -1.88%): Oil tumbled the most in two months amid speculation that tension between Ukraine and Russia wont disrupt oil supplies. More >>

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