7/30/2019 Daily 05.09.2013

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 DAILY 

5th September 2013

 OIL (WTI 108.20 $/bl; +0.77% / Brent 115.45 $/bl; +0.36%) and Gold (1389.40 $/oz t; -1.74%): Oil rose and

gold fell after better-than-expected economic indicators out of the U.S. labor and service-sector markets

painted a picture of a more robust U.S. economy. More on Oil>> More on Gold>> 

 NATURAL GAS (3.575 $/MMBtu; -2.63%): Natural gas prices dropped on Thursday after official U.S. data

revealed the nation's inventories rose more than expected last week, though increasingly active Atlantic

hurricane activity curbed losses. 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

whims of its volunteer contributors. FEP Finance Club is not responsible for any imprecision or error in the content of any news.

PSI20: +0.85% DAX30: +0.48% FTSE100: +0.89% S&P500: +0.12% NIKKEI225: +0.08% 

 Otsuka Holdings Corporation, the maker of the mood-stabilizing drug Abilify, plans to buy Astex

Pharmaceuticals Inc. for as much as $886 million to expand into cancer medicines. More>> 

 India´s rupee jumped after the new central bank governor took steps to boost dollar supply and

lawmakers moved closer to allowing foreign investment in pension funds. More>> 

 The Bank of Japan kept monetary policy steady on Thursday and revised up its assessment of the

economy, encouraged by growing signs the benefits of its stimulus policy are broadening. More>> 

 Stocks eked out gains for a third-consecutive session, with the 10-year note yield pushing closer to the

psychological threshold of 3%, as investors digested a flurry of economic reports. More>> 

 

The pace of growth in the U.S. services sector accelerated in August to its fastest pace in almost eightyears. A separate report showed that new orders for U.S. factory goods dropped in July. More>> 

 Weekly jobless claims continued their decline, consistent with an improving climate that likely does not

deter the Fed from its intention to begin a pullback on its monthly asset purchasing program. More>> 

 European Central Bank (ECB) President Mario Draghi reiterated on Thursday that the central bank would

not participate in any further debt relief for Greece. More>> 

 European stocks climbed as European Central Bank President restated that interest rates will stay low for

an extended period. More>> 

 Leaders of the Group of 20 meeting in Russia will consider endorsing a strategy for long-term economic

growth that emphasizes steps such as infrastructure spending and job training. More>> 

 Portuguese government bond yields rose, with the 10-year ones reaching 7.001%, on expectations that

the Federal Reserve remains on course to taper stimulus programs this month. More>> 

 PSI 20 rose by 0.85%, with PT ’s stock price increasing by more than 4%, on expectations that the major

world economies are recovering. More>> 

 Mercer Total Compensation Portugal 2013 indicated that wages decreased for the second consecutive

year, with special focus on the companies’ top positions. More>>