DAILY

12th June 2013

PSI20: -0.03% DAX30: -0.93% FTSE100: -0.64% S&P500: -0.84%
st

NIKKEI225: -0.21%

Industrial output has plummeted 3.6% during the 1 month of the 2Q, following EU trend. Nevertheless, this indicator has risen 1.8% when compared to homologous period. . More>> 10y yields on Portuguese government suffered a slightly decrease as IMF concludes its 7th evaluation and warns Europe to be responsible in the sustainability of Portuguese debt. More>> PSI 20 ended with losses as Jernimo Martins and PT positive returns were incapable to offset downward movement of banking sector and Galp. More>> Hollande to ask French to work more as pension deficit balloons. It kicks off tomorrow the three-month long talks with employer and employee groups to save a state pension system. More>> U.K. inflation expectations risk becoming dislodged because consumer-price growth has been elevated for such a long time, Bank of England economists said. More>> European stocks declined as wrangling between Greek politicians following the shutdown of the state broadcaster overnight renewed concerns about the stability of the countrys government. More>>

U.S. stocks fell, sending the Standard & Poors 500 Index to a third day of losses, as investors weighed prospects for economic growth and the pace of Federal Reserve stimulus measures. More>> After falling dramatically for more than a month, applications for mortgage refinances swung to the positive last week, rising 5%, despite the continued rise in mortgage rates. More>> Hewlett-Packard's stock surged (2.76%), as CEO Meg Whitman said that the company was "a bit ahead" of where it though it would be when it first embarked on its path to reinvention. More>>

Japan's benchmark index trimmed losses after briefly slipping below the 13,000 level on Wednesday, extending a global sell-off in equities amid disappointment at the Bank of Japan's (BOJ) inaction to calm a volatile government bond market. More>> Indias industrial-output growth slowed in April, adding pressure for more government steps to spur the economy as elevated consumer-price inflation threatens to limit the central banks room to extend monetary easing. More>>

OIL (WTI 95.74 $/bbl; +0.89% / Brent 103.46 $/bbl; +0.88%) and GOLD (1387.75 $/oz t; +0.80%): Oil and gold rose for the first time in three days, as the dollar weakened versus major peers. Moreover, Mideast tension concerned investors, as it may trim oil supplies. More on Oil>> More on Gold>> WHEAT (681.88 $/bu; -2.15%) and CORN (651.88 $/bu; -0.99%): Wheat and corn dropped, after the U.S. said inventories will be bigger than analysts forecast as global production rebounds from a drought last year. More>>

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