6thNOVEMBER 2014
PSI20: +0.53%

DAX30: +0.66%

FTSE100: +0.18%

S&P500: +0.38%

NIKKEI225: +0.44%

PSI-20 rose 0.53% headed by Jerónimo Martins and Galp
PSI-20 rose this Thursday led by Jerónimo Martins which gain almost 4%. Although oil prices kept dropping
on the international markets, Galp also closed the day in positive ground.
REN net profit drops almost 5 % until September
The energetic company reported a decrease on its net profit to 84.5 million, until September. According to
the company, this drop is due to the extraordinary contribution on the energetic sector.

Dovish Draghi helps European stocks end higher
European shares pared early losses and ended higher on Thursday after European Central Bank
President Mario Draghi announced that the bank's governing council was unanimous in its commitment
to use additional unconventional measures if needed.

Euro at 2-year low after Draghi comments
The euro turned around from a day-long rally to fall to a two-year low after the European Central Bank
sent a clear signal that it is prepared to undertake more stimulus.

Market continues upward trend after jobless claims
Benchmark indexes reached records as US stocks continued to rise. Policy and macro news were positive,
heightening optimism in the economy. The labor department reported that first-time jobless claims
dropped and jobless rate is expected to be at a six-year low.

Bank of America faces criminal probe
Bank of America expects to lose $400 million in profits due to legal costs from a criminal probe on
supposedly manipulating foreign currency markets.

Nikkei strikes 7-yr high as dollar bashes yen; Fast Retailing shines
Japanese stocks rose to new seven-year highs on Wednesday as heavyweight Fast Retailing Co. surged on
strong monthly sales, while exporters got a boost as the dollar rose against the yen.

GM China Sales Expand at Slowest Pace in 20 Months
General Motors Co. (GM), which counts China as its largest market, posted the slowest pace of sales growth
in 20 months after deliveries of Wuling-brand vehicles declined.

 GOLD ($1,141.20/oz t, -0.39%): Gold futures extended losses to hit the lowest levels of the session during
U.S. morning on Thursday, after data showed that the number of people who filed for unemployment
assistance in the U.S. last week fell more than expected. More >>
 OIL (WTI: $77.84/bl, -1.06%; BRENT: $82.83/bl, -0.14%): Crude futures dropped on Thursday after US dollar
shot up in wake of dovish comments from European Central Bank President Mario Draghi . More >>
 NATURAL GAS ($4,408/MmBtu, +5.10%): Natural gas futures moved higher on Thursday after updated
weather-forecasting models call for blasts of cold air to sweep across the U.S. this November, which offset
news that U.S. stockpiles rose more last week than markets were expecting. More >>

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