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7/29/2019 Daily 12.09.2013
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DAILY
12th September 2013
OIL (WTI 108.62 $/bl; +0.89% / Brent 111.86 $/bl; +0.18%): Oil rose amid uncertainty over whether efforts
between the U.S. and Russia will reduce the likelihood of a military strike against Syria. More>>
GOLD (1327.10 $/oz t -2.76%): Gold prices dropped after investors took up positions on expectations that
the Fed next week will announce plans to begin tapering its monthly asset-purchasing program. More>>
NATURAL GAS (3.635 $/MMBtu; +2.25%): Natural gas prices shot up after official U.S. inventory datarevealed the country's stockpiles rose less than expected last week. 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: +0.53% DAX30: -0.02% FTSE100: +0.01% S&P500: -0.34% NIKKEI225: -0.26%
Australia recorded its first back-to-back jobs decline in more than two years, sending the local currency
lower and underscoring the challenge for Prime Minister-elect to boost the nation’s economy. More>>
The Philippines held its benchmark rate at a record low as easing inflation gave policy makers room to
support Southeast Asia’s fastest-growing major economy. More>>
Indian industrial production (INPIINDY) unexpectedly rose in July, bolstering new central bank Governor
Raghuram Rajan’s fight against a slumping rupee and slowing economic growth. More>>
Stocks closed near their lows after crawling along the flatline for most of the session, as investors paused
after the recent market run-up and ahead of the Federal Reserve's policy-setting meeting. More>>
Jobless claims fell sharply last week, slipping 31,000, but much due to technical problems in claims
processing, clouding the last major reading of labor market health before a Fed meeting. More>>
The dollar softened against most major currencies, after market participants bet the Fed will keep overall
policy loose at a meeting next week even if it tapers its monthly asset-purchasing program. More>>
Europe took a significant step forward in its ambitions to create a single banking framework for the euro
zone after EU lawmakers granted new powers to the ECB to oversee the currency bloc's banks. More>>
The European Commission plans to ban all incoming call charges while travelling in another EU country
from 1 July 2014, affecting telcos profit margins. More>>
French President Francois Hollande has revealed his 10-uear road map for the country, a plan focused on
new technologies – and robots in particular More>>
Credit Suisse anticipated new risks for Portuguese stability due to the expected new expense cuts and the
possibility of additional financial aid. More>>
The Ministers’ Council approved a 10% cut of public service pensions above €600 per month , with
estimated savings of €1,1B per year. More>>
PSI20 reached its highest level since May 28. Rumors of possible mergers in the European telecom sector
helped Portuguese telecom companies becoming the best performers of the day. More>>