DAILY

26th March 2014

PSI20: +0.92% DAX30: +1.18% FTSE100: +0.01% S&P500: -0.70% NIKKEI225: +0.37%
The National Stock Exchange closed higher for the second consecutive session, with the PSI20 climbing 0.92% to 7 506.72 points. PSI20 followed the trend of European indexes, as orders for durable goods in the U.S. rose more than expected, signaling some solidity in the recovery of the U.S. economy. More >>

The Portuguese Central bank revised upwards growth forecast for this year and says there are signs of a
sustainable recovery. The economy will return to growth in 2014 after three years of recession and the central bank believes that Portugal may grow at a pace close to that recorded in the euro area. More >>

European stocks rose on Wednesday as easing tensions over Ukraine and positive U.S. economic data helped the market extend the recovery rally that started in mid-March. Spanish stocks outperformed the broader market, after the Bank of Spain said the country's economic recovery was on track. More >> Italian consumer confidence rose more-than-expected last month, official data showed on Wednesday. Italian National Institute of Statistics said that Italian Consumer Confidence rose to 101.7, from 97.7 in the preceding month whose figure was revised up from 97.5. More >>

U.S. stocks slid on Wednesday, with benchmark indexes failing to maintain a second day of gains, after President Barack Obama cautioned against complacency on Russian moves in Ukraine. More >> Total durable goods orders, which include transportation items, climbed by a seasonally adjusted 2.2% last month, easily surpassing expectations for a 1% gain. More >> Orders of durable goods excluding transportation items advanced only 0.2% in February missing estimates for a 0.3% rise after recording a downwardly-revised 0.9% gain in January. More >>

Asian stocks rose after U.S. consumer confidence climbed to a six-year high, buoying investor optimism about the outlook for the worlds biggest economy. More >> Bank of China Ltd., the nations fourth -largest lender by market value, posted a higher-than-estimated 10 percent increase in quarterly profit as tighter liquidity helped improve lending margins. More >> Reserve Bank of Australia Governor said there are encouraging early signs of a handover from mining-led demand growth to domestic consumption and the economy may strengthen later this year. More >>

OIL (WTI: $100.19/bl, +0.92% ; BRENT: $106.97/bl, +0.05% ): Oil gained as inventories at Oklahoma, decreased for an eighth week and demand for gasoline reached a three-month high. More >> NATURAL GAS ($4.389/MmBtu, -0.23%): Natural gas dropped on forecasts for warmer weather that would reduce demand for the heating fuel on the heels of a snowstorm. More >> GOLD ($1305.30/oz t, -0.39%): Gold fell as signs of economic recovery in the U.S. boosted speculation the FED will further pare stimulus, curbing demand for the precious metal as a store of value. More >>

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