U.S.

stocks declined on Wednesday, pausing after its advance into uncharted terrain, waiting for evidence
that the economy has bounced back from a weather-plagued first quarter. More >>
In a report, the Commerce Department said that producer prices increased by a seasonally adjusted 0.6%
last month, above forecasts for a 0.2% gain, after rising 0.5% in March. More >>
Groupon Inc. sank 4.4% to lead the Dow Jones Internet Index lower by 1.2%. Fossil Group Inc. fell 10%
after the maker of watches and accessories forecast earnings that trailed analysts estimates. More >>


DAILY
14
th
May 2014
OIL (WTI: $102.08/bl, +0.20%; BRENT: $109.31/bl, +0.59%): Oil rose as a government report showed
stockpiles fell at Cushing, Oklahoma, the delivery point for the futures. More >>

WHEAT ($690.38/Bu, -2.71%): Wheat futures fell, extending the longest slump in almost five months, as
speculation mounted that global supplies will be sufficient. More >>

SUGAR ($18.25/lb, +2.35%): Sugar rose after production in Brazils Center South, the largest producing
region, is poised to drop 3.2 percent this year after drought ravaged cane crops. 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: -3.35% DAX30: +0.00% FTSE100: +0.08% S&P500: -0.47% NIKKEI225: -0.14%
Asian stocks rose, with the regional benchmark index heading for the highest close in months, as equities
in Hong Kong jumped amid speculation China will do more to support the property market. More >>
The unemployment rate in South Korea rose to 3.7% in April, official data showed on Wednesday, more
than the 3.4% median estimate in a Bloomberg survey. More >>
New Zealand house sales fell more than expected after the introduction of mortgage lending restrictions
last October, the central bank said. More >>
Weak corporate updates, especially in the media sector, caused European shares to pause on Wednesday
after a two month-rally that has propelled many regional indexes to multi-year highs. The FTSEurofirst
300 index of top European shares closed flat at 1 368.38 points. More >>
Industrial production in the euro zone fell in line with expectations in March, underlining concerns over
the outlook for economic growth in the single currency bloc. Eurostat, the European statistics agency said
industrial production declined by a seasonally adjusted 0.3% in March. More >>
The PSI-20 ended the session on Wednesday losing 3.35% to 7076.88 points. The performance of the
financial sector penalized the national stock exchange after registering heavy losses. BCP dropped more
than 10%, while BES slid more than 8%. More >>
The saving of the Portuguese fell for the 10th consecutive month in April, 2011 for minimum, according
to the save indicator of the Catholic University. The index fell from 105.8 points in March for 105 points in
April, the decline is happening for 10 consecutive months since the last increase in July 2013. More >>