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Daily 22.04.2014
Daily 22.04.2014
European shares rose on Tuesday, boosted by mergers and acquisitions activity in the pharmaceuticals sector and by bullish euro zone consumer confidence data. The STOXX Europe 600 health care index rose 2.9 percent as AstraZeneca rallied on speculation about a bid approach from U.S. major Pfizer. More >> Consumer confidence within the euro zone fell less-than-expected last month, industry data showed on Tuesday. European Commission said that Euro zone consumer confidence fell to an annual rate of -8.70, from -9.30 in the preceding month whose figure was revised down from -9.00. More >>
U.S. stocks rose on Tuesday, with the S&P 500 extending its longest winning run of the year, as investors considered earnings from companies including McDonald's and Netflix along with a roughly $45 billion offer for Allergan. More >> Existing home sales slipped 0.2% to an annual rate of 4.59M units. Though that was the lowest level since July 2012, sales were a bit stronger than economists had expected. There was also an increase in supply and more first-time buyers entered the market, key ingredients for a strengthening in activity. More >>
Asian stocks fell for a second day as industrial companies led declines and China Resources Power Holdings Co. slumped amid a graft investigation. More >> China Mobile Ltd., the worlds largest phone company by users, posted its third straight drop in quarterly profit as expenses for subsidizing Apple Inc.s iPhone and building networks increased. More >> The Australian dollar rose against its U.S. counterpart before a report economists said will show inflation accelerated, boosting speculation interest rates are set to increase. More >>
OIL(WTI: $101.94/bl, -1.51%; BRENT: $109.44/bl, -0.48%): Oil dropped on projections that a government report tomorrow will show that U.S. crude stockpiles climbed last week. More >> GOLD ($1283.80/oz t, -0.52%): Gold futures fell to a 10-week low as signs of an improving U.S. economy crimped haven demand. More >> COFFEE ($214.55/lb, +7.99%): Coffee surges to 26-month high on after drought damage in Brazil prompted Volcafe Ltd. to cut its outlook for the crop in the South American country. More >>
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