Scribd
Upload
33 views1 page

Daily 27.01.2014

- The PSI-20 index in Portugal fell over 1% due to losses in BCP, Jeronimo Martins, and Portugal Telecom which have exposure to emerging markets. - Portuguese 10-year debt yields increased above 5.3% following tensions in emerging countries. - Revenues for Portucel declined 8.6% year-over-year to €358.2 million from October to December according to CaixaBI. - Major stock indices in Europe and Asia declined while commodities like natural gas, oil, and gold also fell.

Uploaded by

FEPFinanceClub
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
33 views1 page

Daily 27.01.2014

- The PSI-20 index in Portugal fell over 1% due to losses in BCP, Jeronimo Martins, and Portugal Telecom which have exposure to emerging markets. - Portuguese 10-year debt yields increased above 5.3% following tensions in emerging countries. - Revenues for Portucel declined 8.6% year-over-year to €358.2 million from October to December according to CaixaBI. - Major stock indices in Europe and Asia declined while commodities like natural gas, oil, and gold also fell.

Uploaded by

FEPFinanceClub
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

DAILY

27TH January 2014


PSI20: -1.24% DAX30: -0.46% FTSE100: -1.70% S&P500: -0.49% NIKKEI225: -2.51%
By its exposure to emerging markets, BCP, Jernimo Martins and Portugal Telecom shares had a major influence in last Mondays loss, with PSI-20 falling more than 1%. More >> Portuguese 10-year debt yield increased above 5.3%, after last week drop. This increase was primarily due to the tension that has been given in emerging countries. More >> According to CaixaBI, the revenues of Portucel were 358.2 million between October and December, a decline of 8.6% (YoY). More >> European stocks fell for a third day, sending the Stoxx Europe 600 Index to its lowest level in a month, with BG Group Plc and Vodafone Group Plc tumbling. More >> In a report, the German research institute, Ifo said its Business Climate Index rose to a seasonally adjusted 110.6 in January, above forecasts for 110.0 and up from a reading of 109.5 in December. More >> As Europe's first earnings season of the year gets underway, Goldman Sachs has warned that European equity valuations no longer look cheap and that short-term risks are increasing. More >> U.S. stocks fell with the DJIA extending declines after its worst week since November 2011, as investors pondered the Feds plan to reduce asset purchases and worried about China's economy. More >> Caterpillar posted a stronger-than-expected quarterly profit as the world's largest mining and construction equipment company aggressively cut costs. More >> Sales of new U.S. homes dropped more than forecast in December as cold weather helped put a chill on an industry at the end of its best year since 2008. More >>

Asian equities kicked off the week with sharp losses as emerging markets remained under pressure amid fears over a tightening in U.S. monetary policy in the run up to this week's Federal Reserve policy meeting. More >> Taiwans economy expanded at a faster-than-estimated pace in the fourth quarter last year. The gross domestic product rose 2.92 percent from a year earlier after increasing 1.66 percent in the third quarter, while the market expectations was 1.83 percent. More >>

NATURAL GAS ($4.755/MmBtu; -6.56%): Natural gas falls from 4-year highs on return of milder weather. More >> OIL (WTI $95.70/bl; -1.43% / Brent $106.97/bl; -0.93%): Oil prices fell on fears that emerging-market economies are cooling and will demand less fuel and energy going forward. More >> GOLD ($1257.90/oz t; -1.39%): Gold prices dropped as investors bet on FED announcement of further cuts to USD75 billion monthly bond-buying stimulus program in monetary policy meeting. 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 t whims of its volunteer contributors. FEP Finance Club is not responsible for any imprecision or error in the content of any news.

You might also like