Daily 13.05.2014

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U.S.

stocks were mixed on Tuesday, with the S&P 500 crossing 1,900 for the first time, as disappointing
April retail sales were offset by an upward revision for the prior month and an upbeat gauge of small
business sentiment. More >>
Retail sales barely grew last month, disappointing forecasters expecting a bigger early spring burst in
consumer spending. Sales rose just 0.1% in April, the Commerce Department said Tuesday, after soaring
1.5% in March. More >>


DAILY
13
th
May 2014
OIL (WTI: $101.72/bl, +1.20%; BRENT: $108.60/bl, +0.76%): Oil futures rose on Tuesday due to fears
that Ukraine unrest will escalate and affect Russian oil exports and on growing concerns that a deal
between Libya and rebels to reopen oil ports will fall through, thus crimping global supply. More >>

NATURAL GAS ($4.361/MmBtu, -1.12%): Natural gas prices fell on Tuesday after updated weather-
forecasting models continued to call for mild temperatures to settle in across much of the U.S., which
should crimp demand for heating. More >>
DISCLAIMER: Daily Briefs contains a summary of financial news covered on conventional news services around the world. Daily Briefs coverage of subjects is based on the
whims of its volunteer contributors. FEP Finance Club is not responsible for any imprecision or error in the content of any news.
PSI20: -0.73% DAX30: +0.54% FTSE100: +0.31% S&P500: +0.04% NIKKEI225: +1.95%
Asian stocks rose the most in seven weeks as investors weighed earnings and after U.S. equity indexes
climbed to records. More >>
Chinas retail sales rose 11.9% in April, compared with the forecast for 12.2% growth. Fixed-asset
investment for Q1 climbed 17.3%, compared with the estimate for 17.7% growth. More >>
The Australian dollar eased Tuesday after weaker than expected data on housing trends and ahead of the
first federal budget by the Liberal Party-led coalition. More >>
European equities ended higher on Tuesday, with some benchmarks hitting multi-year highs following
upbeat company results from major companies such as aerospace giant Airbus and steelmaker
ThyssenKrupp. The euro zone's blue-chip Euro STOXX 50 rose 0.2 percent to 3 211.78 points. More >>
German economic sentiment in May deteriorated sharply to hit the lowest level since January 2013,
industry data showed on Tuesday. The ZEW Centre for Economic Research said that its index of German
economic sentiment tumbled by 10.1 points to 33.1 this month from Aprils reading of 43.2. More >>
The PSI-20, the main index of Euronext Lisbon, ended the session on Tuesday losing 0.73% to 7 322.28
points. The negative performance of the index was due to the decline of the financial sector and the fall
of EDP and Zon Optimus that sold a block of its own shares to its employees at 90% discount. More >>
The OECD leading indicator to anticipate the evolution of the Portuguese economy slowed in March, but
recorded the 22th consecutive rise, continuing to point to a recovery in economic activity. OECD revealed
the index rose in January to 102.97 points, which is the highest record since April 2007. More >>

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