DAILY

5th February 2014

PSI20: +0.65% DAX30: -0.49% FTSE100: -0.71% S&P500: -0.01% NIKKEI225: +1.20%
The PSI20 rose 0.65% to 7 417.50 points, as European Indexes showed a mixed trend. The index gains on Wednesday, were fueled by the advance of heavyweights PT (+0.31%), GALP (+1.05%), EDP (+0.94%) and J.Martins (+0.95%). BES (+0.69%) touched the highest value since August 2011. More >> The president of IGCP announced on Wednesday, the agency for public credit sold 1267 million of Portuguese Government Bonds at a yield of 4.6%, maturing in 2022, through a private placement, last January. This operation aimed at diversifying funding sources and rolling over debt. More >> European shares steadied on Wednesday as the United States and Russia planned talks to ease tensions over Ukraine, while Spain and Italy outperformed on signs their economies were gathering strength. The euro zone's blue-chip Euro STOXX 50 index closed flat at 3 135.97 points. More >> Euro zone service sector activity rose unexpectedly in the last quarter, industry data showed on Wednesday. Markit said that Euro Zone Services PMI rose to 52.6, from 51.7 in the preceding quarter. Analysts had expected Euro Zone Services PMI to remain unchanged at 51.7 in last quarter. More >>

U.S. stocks were little moved on Wednesday, with the S&P 500 ending a fraction below its record close, as investors tracked developments in Ukraine and disregarded U.S. economic reports. More >> ADP's proprietary private payrolls jobs report shows a monthly gain of just 139,000 private sector jobs for February 2014. January was revised downward significantly to just 127 thousand for the month. More >> Non-manufacturing purchasing managers' index tumbled to 51.6 last month from 54.0 in January. While any number over 50 indicates expansion, February's PMI was the lowest since February 2010. More >>

Asian stocks rose a second day after comments from Russian President Vladimir Putin signaled the Ukraine crisis wont immediately escalate. More >> Activity in China's services industry ticked up in February from a 2.5 year low the previous month, confirming other data showing a pick-up in services even as manufacturing activity slows. More >> Australias economy expanded faster than analysts forecast last quarter on rising household s pending and lower savings, as the central banks bid to spur consumption-led growth bears fruit. More >>

COFFEE ($199.75/lb; +7.97%): Coffee Jumped Above $2 to Highest Since 2012 on Supply Concerns. owing to dry weather which in turn will cut output in Brazil. More >> NATURAL GAS ($4.572/Mmbtu; -1.37%): Natural gas futures slumped after investors braced for a warming trend, which curbed demand for the commodity. More >> OIL (WTI: $100.97/Mmbtu; 2.27%/ BRENT: $107.73/Mmbtu; -1.31%): Oil dropped after a government report showed that U.S. inventories advanced for a seventh week. More >>

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