U.S.

stocks declined with the S&P 500 retreating from a record for a second day, as geopolitical concerns
overshadowed better-than-expected reports on housing and consumer confidence. More >>
New-home sales soared in May, but the gains simply put the market back on track to match last year's
overall pace, rather than signaled a significant momentum gain. More >>
U.S. consumer confidence improved more than expected in June to hit the highest level since January
2008, underlining optimism over the U.S. economic outlook, industry data showed on Tuesday. More >>


CORN (436.62/bu, -0.46%): U.S. corn futures fell to a four-month low on Tuesday, amid ongoing
optimism over the health of the U.S. corn crop. More >>

OIL (WTI: 107.37/bl, +1.13%; BRENT: 114.11/bl, -0.01%): WTI oil futures ticked higher on Tuesday, as U.S.
data on new home sales and consumer confidence boosted demand for growth-linked assets. More >>

NATURAL GAS ($4.546/MmBtu, +1.76%): Natural gas futures bounced off a four-week low struck in the
previous session on Tuesday, as investors returned to the market to seek cheap valuations. More >>

DAILY
European stocks fell for a 3rd day on Tuesday as German business confidence dropped to the lowest level
this year. More >>
Agrochemicals firm Syngenta was the biggest gainer (+6.2%) on the Stoxx 600, after media reports
that the U.S. company Monsanto was considering a takeover approach. More>>
Sterling fell on Tuesday after Bank of England governor Mark Carney was unexpectedly dovish on interest
rates at a hearing of the House of Commons Treasury select committee. More >>

The PSI-20 ended todays session falling 1.56% to 6916.58 points, a day on which the Portuguese debt
interest retreated in most maturities. More >>
Today, BESs shares fell more than 9% to 0.77 , the lower value since October last year. Since the news of
Salgado resign, last Thursday, the stock has lost more than 15%. More >>
Between January and May, the tax revenues rose by 3.4% over the same period last year, reaching
14,624 million, 477 million more than in 2013. More >>

24
th
June 2014
DISCLAIMER: Daily Briefs contains a summary of financial news covered on conventional news services around the world. Daily Briefs coverage of subjects is based on the
whims of its volunteer contributors. FEP Finance Club is not responsible for any imprecision or error in the content of any news.
PSI20:-1.56% DAX30:+0.17% FTSE100:-020% S&P500:-0.64% NIKKEI225: +0.05%
Asian stocks climbed, with the regional benchmark index rising for the first time in three days, as utilities
advanced and Hong Kong stocks rebounded. More >>
Chinas chief auditor said growth in local government debt slowed, a sign that tighter scrutiny on
borrowing and an economic slowdown is curbing credit. More >>
Australias two oldest universities are joining their American peers in borrowing from capital markets to
help finance research and upgrade campuses. More >>