DAILY

10thOctober 2013
PSI20: +0.67% DAX30: +1.99% FTSE100: +1.46% S&P500: +2,18% NIKKEI225: +1.48%
The Portuguese Stock Market rose, following the trend of the European Markets, with the banks being again the best performers: BES (+3.2%), BCP (+1.98%) and BANIF (+10%). More >> The Portuguese State Budget for 2014 predicts a cut of 10% in the wages above 600 of all employees in the public sector. More >> Portuguese unemployment rate fell again to 16.5% in August, but remained as the third largest of the OCDE. More >> European shares closed higher on Thursday, posting their biggest gains for a month, as hopes grew that the U.S. would strike a short-term debt limit deal to stop the country defaulting. More >> The European Central Bank and the Peoples Bank of China agreed to establish a bilateral currency swap line, bolstering access to trade finance in the euro area. More >> The Bank of England kept left interest rates at a record low of 0.5 percent and its asset purchase target unchanged at 375 billion as expected on Thursday. More >> Stocks closed out the session with a sharp bang Thursday, as lawmakers seemed to move closer to a deal to resolve the political stalemate in Washington. More >> House Speaker John Boehner said that the GOP would offer a temporary increase in the debt ceiling in return for discussions with President Obama on other budget and deficit issues. More >> Initial jobless claims hit a six-month high last week amid a computer glitch in California, but the underlying trend pointed to a steadily improving labor market. More >>

Asian stocks fell as investors were cautious of President Obama's latest efforts to resolve Washington's political impasse but Japan bucked the trend thanks to positive economic data. More >> Japans machinery orders jumped to 819.3 billion yen in August, the highest since the collapse of Lehman Brothers Holdings Inc. in 2008 and a sign of a strengthening economic revival. More >> Australias unemployment rate fell unexpectedly last month to a seasonally adjusted 5.6%, from 5.8% in the preceding month. Analysts had expected it to remain unchanged at 5.8%. More >>

OIL (WTI 102.94$/bl; +1.36% / Brent 111.97$/bl; +2.72%) and GOLD (1286.90 $/oz t; -1.25%): Oil rose and gold fell on signs that lawmakers were getting closer to an agreement to increase the U.S. debt ceiling. Brents premium over WTI widened to a four-month high. More on Oil >> More on Gold >> NATURAL GAS (3.735 $/MMBtu; +1.14% ): Natural gas futures rallied to a three-week high on Thursday, after a report from the U.S. Energy Information Administration showed that natural gas supplies rose lessthan-expected last week. More >>

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