Daily Report – American open n Open Thursday, November 13, 2014 13 November 2014 4:17 PM4:17 PM Newsflash EU and UK Asia Middle East and Others N U.S. jobless claims rise but still close to 14- N European Stocks Rebound From Biggest year low The number of Americans filing new claims for unemployment benefits rose more than expected last week, yet it remained near a 14-year low in a reminder that one small part of the labor market has returned to full health. Drop in Four Weeks Technology shares took center stage in Europe as Ericsson AB’s costcutting plan and Iliad SA’s better-thanestimated sales helped the region’s benchmark index rebound from the biggest drop in four weeks. Asian shares resilient after soft China data Asian shares were resilient in the face of a cooling Chinese economy while oil prices flirted with multi-year lows unable to stem a drawn-out decline on fears of a glut. US N Pound Drops to 14-Month Low as House DP World to acquire Jebel Ali Free Zone; Proposes de-listing from London DP World Limited & its wholly owned subsidiary, DP World FZE, announced that they have entered into an agreement in relation to the proposed acquisition of Economic Zones World FZE, its subsidiaries and subsidiary undertakings from Port and Free Zone World FZE for a total cash consideration of USD2.6 billion including the assumption of net debt at close. N Fed's Dudley: expectations for mid-2015 rate lift-off reasonable Market expectations that U.S. interest rates will start to lift off sometime in mid-2015 are reasonable. Dudley also said recent U.S. non-farm payrolls data had been very consistent with previous releases, and had not changed his policy outlook in any meaningful way. Prices Add to Outlook Gloom The pound fell to the lowest in more than a year against the dollar as a property slowdown deepened concern U.K. growth has cooled, reducing pressure on the Bank of England to raise interest rates. Yen Drops on Abe Poll Speculation; Aussie Slides on RBA Comments The yen fell toward a seven-year low on speculation Japanese Prime Minister Shinzo Abe has decided to call a snap election. Australia’s dollar slid after a Reserve Bank official said policy makers haven’t ruled out intervention. China Slowdown Deepens With Weakening in Production, Investment China’s economic slowdown deepened in October as industrial output growth and fixed-asset investment trailed estimates, adding to pressure on policy makers to step up stimulus efforts. Abu Dhabi’s Aldar Quarterly Net Rises 41% as Leasing Grows Aldar Properties PJSC (ALDAR), Abu Dhabi’s largest developer, said third-quarter profit climbed 41 percent as leasing revenue grew and homes were completed. N Oil below $80 as slow China chimes with OPEC warning Oil fell below $80 a barrel for the first time since 2010 on Thursday, as more evidence of a slowdown in China's resourcehungry economy chimed with OPEC warning of a substantial drop in demand next year. Gold Demand in China Slumps 37% Amid Drive to Root Out Graft Gold demand in China shrank for a third quarter as slumping prices failed to boost the purchases of bars, coins and jewelry in the world’s biggest user and officials pressed on with a nationwide anti-graft campaign. Commodities Stocks N Buffett's Berkshire Hathaway to buy P&G's Duracell Warren Buffett's Berkshire Hathaway Commodity Prices Inc said it would buy Procter & Gamble Co's Duracell battery business in exchange for its entire $4.7 billion stake in the world's No. 1 household products maker. WTI CRUDE FUT N Sony unveils web-based TV service PlayStation Vue Sony Network Entertainment International LLC, a unit of Sony Corp of America, unveiled a new cloud-based TV service, PlayStation Vue, expected to be commercially launched during the first quarter of 2015. BRENT CRUDE FUT NATURAL GAS FUT GOLD 100 OZ FUT SILVER FUT Last Change % Change 76.28 78.96 4.15 1,164.93 73 -0.90 -1.42 -0.04 2.33 0.10 -1.17↓ -1.77↓ -0.96↓ 0.20 0.65 N HSBC Loses 2.7 Million Customers Data in Turkey-Attack HSBC Holdings Plc’s Turkish unit said it lost 2.7 million customers’ bank data in a cyber attack. The hack resulted in the theft of data on cards and related bank accounts, Europe’s biggest lender said in an e-mailed statement. N Wal-Mart's U.S. same-store sales show first growth in seven quarters Wal-Mart Stores reported a higher-than-expected profit as comparable sales at its U.S. stores rose for the first time in seven quarters, helped by its small-format 'Neighborhood Market' stores and higher prices. US Earnings Indices Indices Dow Jones Ind S&P 500 Nasdaq Company 3D Systems Cisco Systems J. C. Penney Wal-Mart Date Nov 10 Nov 12 Nov 12 Nov 13 Period Previous Estimate Actual CAC 40 Q3 14 Q3 14 Q3 14 Q3 14 0.26 0.53 -1.81 1.14 0.17 0.53 -0.81 1.12 0.18 0.54 -0.77 1.15 DAX 30 FTSE 100 EuroStoxx 50 Nikkei 225 EU Earnings Company Telefonica Deutschland Holding AG Vodafone Group PLC Henkel & Co KGaA AG Burberry Group PLC Markit Ltd Deutsche Post AG SABMiller PLC Merck KGaA Vivendi SA Date Period Nov 10 Nov 11 Nov 11 Nov 12 Nov 12 Nov 12 Nov 13 Nov 13 Nov 14 Q3 14 H 14 Q3 14 Int 14/15 Q3 14 Q3 14 H 15 Q3 14 Q3 14 Last Change % Change 17,612.20 2,038.25 4,675.14 4,163.47 9,192.76 6,605.83 3,036.88 17,392.79 -2.70 -1.43 14.58 -16.41 -18.20 -5.21 -10.42 195.74 -0.02↓ -0.07↓ 0.31 -0.39↓ -0.20↓ -0.08↓ -0.34↓ 1.14 Currencies Previous Estimate Actual 2.22 3.84 0.72 0.37 1.69 2.09 2.87 Currencies Last Change % Change EUR-USD GBP-USD 1.2461 1.5741 0.0023 -0.0038 0.18 -0.24↓ USD-JPY AUD-USD 115.48 0.8741 -0.01 0.0022 -0.01↓ 0.25 USD-CAD 1.1320 0.0001 0.01 USD-CHF 0.9643 -0.0022 -0.23↓ *N: new released The content shown here is for your information only and is not intended as an offer, or a solicitation of an offer, to buy or sell any investment or other specific product. 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