Evening Euro Markets Bulletin

ADVFN III Evening Euro Markets Bulletin Daily world financial news Friday, 28 November 2014 17:33:17 Monitor Quote Charts News CFD's Spreadbetting Free BB   Sponsored by: Fisher Investments UK Will you be able to retire in comfort? Download the 15-Minute Retirement Plan by Fisher Investments. Click Here to Downloand London Market Report FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts London close: Rising travel and retail stocks offset losses from energy sector A slight recovery in oil prices wasn't enough to ease the pressure on the energy sector on Friday, though stocks in London erased losses by the end of trade as shares in the travel and retail sectors jumped. "Clearly firms with a focus on consumer spending will be indirect beneficiaries of increased spending thanks to lower petrol prices," said analyst Chris Beauchamp from IG. London's FTSE 100, which hit a low of 6,667.08 in morning trade, finished more or less flat, falling just 0.01% to 6,722.62. A positive, albeit shortened, session on Wall Street was also helping the improvement in sentiment in afternoon trade, with US retailers performing particularly well on hopes that Black Friday sales will be strong. Brent was trading 0.3% higher at $72.76 a barrel by the close after dropping by as much as 7% on Thursday, its worst one-day slide in three years, after the Organization of Petroleum Exporting Countries decided not to scale back production. OPEC held on to its output ceiling of 30m barrels per day despite calls to reduce output amid a supply glut. Brent, which is still set to close the week down 9% at a four-year low, could drop as low as $60 per barrel, analysts said. Analysts said that OPEC's move is also likely to raise the pressure on central banks across the globe currently battling against deflation, such as those in Japan and Europe. Figures from both Japan and the Eurozone on Friday showed that inflation in both regions slowed further. After adjusted for the recent sales-tax hike, Japanese inflation fell to a 14-month low of 0.9% in October, while Eurozone inflation eased to just 0.3% in November. Energy stocks drop, but retailers and travel shares rise Tullow Oil and BG Group both finished around 8% on the back of Thursday's slide in crude. BHP Billiton, Petrofac, BP and Shell also finished with heavy losses on the FTSE 100. FTSE 250 peers Premier Oil, Ophir Energy, Enquest and Afren were registering greater losses amid concerns that smaller firms may not have the scale to mitigate the impact of depressed crude prices for too long. Meanwhile, energy services stocks were also under pressure, such as Petrofac, Weir Group, Hunting, Wood Group and Amec Foster Wheeler, on the back of fears that developers may scale back their spending budgets. In contrast, hopes that lower oil prices may boost consumer spending were giving retailers a lift with Kingfisher, Sports Direct, M&S and AO World on the rise. Optimism surrounding Black Friday sales also helped retail stocks in London. Meanwhile, expectations of lower fuel costs were supporting travel stocks, such as Carnival, TUI Travel and Easyjet.   Earn Cashback on your Christmas shopping! December Special — earn 2% Rewards on all supermarket shopping! This offer is only for new and existing Cashback Plus Credit Card customers. Find out more here Market Movers techMARK 2,947.64 +0.38% FTSE 100 6,722.62 -0.01% FTSE 250 15,851.76 -0.24% FTSE 100 - Risers Carnival (CCL) 2,820.00p +4.56% Kingfisher (KGF) 312.00p +3.41% St James's Place (STJ) 794.00p +3.12% Vodafone Group (VOD) 233.95p +2.90% TUI Travel (TT.) 444.70p +2.63% Sports Direct International (SPD) 660.50p +2.56% Imperial Tobacco Group (IMT) 2,960.00p +2.46% Compass Group (CPG) 1,090.00p +2.44% Diageo (DGE) 1,981.00p +2.43% Sage Group (SGE) 407.10p +1.55% FTSE 100 - Fallers BG Group (BG.) 900.20p -8.77% Tullow Oil (TLW) 426.00p -8.37% Weir Group (WEIR) 1,876.00p -4.29% BHP Billiton (BLT) 1,517.00p -3.19% Intertek Group (ITRK) 2,335.00p -2.99% Fresnillo (FRES) 712.00p -2.60% Aggreko (AGK) 1,533.00p -2.42% Anglo American (AAL) 1,321.50p -2.26% Ashtead Group (AHT) 1,054.00p -2.23% Petrofac Ltd. (PFC) 825.00p -2.19% FTSE 250 - Risers AO World (AO.) 249.80p +7.21% Pennon Group (PNN) 894.50p +5.61% Just Retirement Group (JRG) 138.00p +4.23% Wetherspoon (J.D.) (JDW) 819.00p +4.07% SSP Group (SSPG) 264.30p +3.65% TalkTalk Telecom Group (TALK) 312.30p +3.41% Entertainment One Limited (ETO) 299.50p +3.38% Merlin Entertainments (MERL) 379.00p +3.35% Cineworld Group (CINE) 382.50p +3.35% Home Retail Group (HOME) 200.40p +3.09% FTSE 250 - Fallers EnQuest (ENQ) 49.57p -14.90% Premier Oil (PMO) 187.00p -13.43% Afren (AFR) 51.75p -11.16% Hunting (HTG) 576.00p -8.06% Ophir Energy (OPHR) 145.30p -7.98% Rotork (ROR) 2,201.00p -7.87% Wood Group (John) (WG.) 591.50p -7.58% Fenner (FENR) 238.50p -7.52% Vedanta Resources (VED) 729.50p -7.42% Elementis (ELM) 255.20p -6.83% Earn an iPad Air 2 or Mini 3 Join Spreadex and trade the UK 100, EUR/USD, Wall St or GBP/USD markets to earn either an iPad Air 2 or iPad Mini 3.  Losses can exceed deposit. Click here for ull ts & cs. Europe Market Report FTSE 100 Euronext Dax perf CAC 40 Europe close: Mixed finish as weak data raises hopes of further stimulus European stocks ended the week in a mixed fashion as investors digested data out Friday morning, which raised hopes of greater stimulus from the European Central Bank (ECB). The annual rate of inflation slowed further to 0.3% in November due to a continued drop in oil prices, raising the pressure on the ECB to act in a bid to curb deflationary risks. This was down from year-on-year price rises of 0.4% in October, but in line analysts' expectations. "Extremely low inflation may benefit consumers real purchasing power in the short-term, but it carries the risk that inflation expectations adjust downwards, putting the ECB's price stability target of inflation just below 2% at risk," Berenberg's Christian Schultz explained. Meanwhile, Eurostat also announced that unemployment held steady at 11.5% in October, as had been widely expected by analysts. Although the rate remained unchanged, the region's number of unemployed actually rose by 60,000 in October, marking a second successive increase as improvements in the labour market show signs of stalling. Shultz continued: "Unemployment was still 733,000 below its June 2013 peak, but at the current annual pace of decline of a bit more than 500,000, it would take more than a decade to reach pre-crisis levels. "The unemployment rate, which was stable at 11.5% in October, continues to hide huge divergences between Germany at 4.9% and Greece at 25.9% (August). Youth unemployment, which increased by 13,000 in October, also continues to differ wildly, from 7.7% in Germany to 53.8% in Spain, although low activity rates in the cohort aged below 25% distort the picture." In the UK, Gfk released a report outlining stagnant results for November's UK consumer confidence index, in contrast to expected improvements. November's result held steady at -2, at odds with GfK's expected improvement to -1. The UK major purchase index rose five points to zero, while the outlook for general economic and personal financial situations both declined. As a result, the economic index is now at its weakest since 2013. Markets hit by slide in oil-related stocks The decision by the Organization of the Petroleum Exporting Countries to maintain a steady rate of oil output sent the price of Brent tumbling on Thursday, dragging oil producers and oil-related stocks even further into the red on Friday. The travel sector benefitted from hopes that lower fuel costs will feed into higher profits, while retailers are also set to be lifted by the anticipated price drops. Swissquote offers CFD Trading, an efficient mean of trading indices, commodities and currencies. You can trade on the market whether you think it will go UP or Down! Think the DAX will go Down? Short the DAX… Try CFD Trading with a Free Practice Account losses can exceed your deposit. US Market Report US open: Markets fluctuate as energy shares tumble US stocks fluctuated on Friday as crude prices kept tumbling, with oil companies registering heavy losses. Just before 10:00 in New York, the Dow Jones Industrial Average rose 0.16%,while the S&P 500 was 0.11% lower and the Nasdaq gained 0.28%. Markets were closed on Thursday for Thanksgiving Day, so energy shares were playing catch-up with their European peers after the Organisation for Petroleum Exporting Countries (OPEC) decided against cutting output, sending the price of oil tumbling to a four-year low. West Texas Intermediate crude fell 6.4% on Wednesday's close to $68.95, its first dip below $70 since mid-2010, on concerns about a global supply glut. There was no trading floor for US oil on Thursday. "The fall in the oil price ahead of OPEC's decision was greater than the reaction after it. The market obviously not surprised at the decision and nor were we. "We cannot see a floor to the oil price at the moment, but that is only partially due to the fundamentals. Oil is in the hands of the speculators," said Brewin Dolphin analyst Iain Armstrong. "The longer the oil price stays at these levels the greater chance a US shale producer will go under, but it will take time." In corporate news, Exxon, Devon Energy and Chevron were among some of the oil companies whose shares registered a sharp decline in the wake of OPEC's decision. In contrast, the prospect of lower fuel costs boosted travel stocks, with Delta Air Lines, Southwest Airlines and cruise operator Carnival making gains. Wal-Mart Stores rose after saying that Thanksgiving Day delivered the second-highest online sales day ever, topped only by Cyber Monday in 2013. Having rallied in pre-market trading, GoPro shares fell slightly on Black Friday casting doubts over whether the wearable video camera maker could reach a fourth straight gain. The dollar fell against the euro but advanced against the pound and the yen, while gold futures slid over 1.5% to 1,178.80 points. The yield on the 10-year US Treasury fell four basis points to 2.21%, while the yield on 30-year note fell by the same margin to 2.92% and the five-year Treasuries shed three basis points to 1.53%. End of year rally? What should you be buying right now? Get your Santa Rally report now.  Click here. Losses can exceed deposits. Broker Tips Broker tips: Rolls-Royce, BHP Billiton, Thomas Cook Investec has said that management at Rolls-Royce should take decisive action to repair investor confidence which has been "shattered" during 2014. "[The] significant share-price decline this year should be a catalyst for Rolls-Royce's board to reconsider the optimal strategy going forward," the broker said. It kept a 'hold' rating but raised its target from 850p to 900p for the stock. A challenging commodity-price environment isn't enough to change Morgan Stanley's mind about BHP Billiton, as it reiterated its 'overweight' stance on the mining giant on Friday. The bank lifted its target for BHP shares from 2,050p to 2,200p. "[BHP] ranks well versus diversified mining/oil peer on free cash flow (FCF), financial strength and valuation," Morgan Stanley said in a research report. Berenberg has lowered its rating for Thomas Cook Group (TCG) from 'buy' to 'hold', saying that the travel tour operator's ongoing transformation is "losing its gloss".   New ADVFN Service - FREE Reports Get your free report on Isa's, Investment Trusts, Funds, Sipps Travel and Cars - FREE and Easy service CLICK HERE To advertise in the Euro Markets Bulletin please contact patrick@advfn.co.uk     To unsubscribe from this news bulletin or edit your mailing list settings click here. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49

Morning Euro Markets Bulletin

ADVFN  Morning Euro Markets Bulletin Daily world financial news Friday, 28 November 2014 10:22:56 Monitor Quote Charts News CFD's Spreadbetting Free BB   Sponsored by: Fisher Investments UK Will you be able to retire in comfort? Download the 15-Minute Retirement Plan by Fisher Investments. Click Here to Downloand London Market Report FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts London open: FTSE 100 falls as energy stocks extend losses after OPEC meeting Despite already having plunged the previous session, stocks in the energy sector were under further selling pressure on Friday in the aftermath of the OPEC meeting, pushing the FTSE 100 firmly into the red. The Organization of Petroleum Exporting Countries decided on Thursday not to scale back their production target of 30m barrels per day despite calls to reduce output amid a supply glut. Shares of oil producers and energy services companies were extending losses made on Thursday with crude prices set to register their steepest weekly decline since 2011. The FTSE 100 was down 0.7% at 6,674 early on. Brent crude was down 0.7% at $72.08 a barrel on Friday morning, trading 10% below levels seen last week. Brent has now fallen by 35% this year and analysts are warning that prices could drop as low as $60 per barrel. Meanwhile, West Texas Intermediate oil was extending losses after falling below $70 a barrel on Thursday, its first time below this mark since mid-2010. While oil producers will be directly bearing the brunt of the recent slump in prices, it is also likely to raise the pressure on central banks across the globe currently battling against deflation, such as those in Japan and Europe. "While falling oil prices are a boon for the hard pressed consumer who has seen their incomes squeezed in the last five years, they are anything but for central bankers who worry about the effects a continued slide will have on their cherished inflation targets," said analyst Michael Hewson from CMC Markets UK. Overnight, it was revealed that Japanese inflation eased further in October, raising the pressure on prime minister Shinzo Abe ahead of the snap elections next month. Inflation slowed to 2.9%, but was just 0.9% when adjusting for the sales-tax hike earlier this year. This was further away from the government's 2% target and the first sub-1% inflation reading in 14 months. Energy stocks sink Oil producers were feeling the impact of the drop in prices with shares in BG Group, Tullow Oil, Shell, BP and BHP Billiton falling sharply on the FTSE 100. However, FTSE 250 peers Premier Oil, Ophir Energy, Enquest and Afren were registering greater losses amid concerns that smaller firms may not have the scale to mitigate the impact of depressed crude prices for too long. Meanwhile, energy services stocks were also under pressure, such as Petrofac, Weir Group, Hunting, Wood Group and Amec Foster Wheeler, on the back of fears that developers may scale back their spending budgets. In contrast, the drop in crude was benefitting shares in the travel sectors on hopes that lower fuel costs will feed into higher profits. Easyjet, IAG, TUI Travel and Carnival were all on the rise. Mining giant Rio Tinto was making gains after promising shareholders "sustainable cash returns" in 2015. The company also lifted its coal reserves estimates significantly in the Hunter Valley of Australia. Earn Cashback on your Christmas shopping! December Special — earn 2% Rewards on all supermarket shopping! This offer is only for new and existing Cashback Plus Credit Card customers. Find out more here Market Movers techMARK 2,930.87 -0.19% FTSE 100 6,673.79 -0.74% FTSE 250 15,797.91 -0.58% FTSE 100 - Risers easyJet (EZJ) 1,681.00p +2.94% St James's Place (STJ) 781.00p +1.43% Kingfisher (KGF) 305.70p +1.33% Compass Group (CPG) 1,078.00p +1.32% Associated British Foods (ABF) 3,208.00p +1.26% Vodafone Group (VOD) 230.10p +1.21% International Consolidated Airlines Group SA (CDI) (IAG) 462.90p +1.11% Marks & Spencer Group (MKS) 486.80p +1.00% Whitbread (WTB) 4,566.00p +1.00% Carnival (CCL) 2,724.00p +1.00% FTSE 100 - Fallers BG Group (BG.) 920.00p -6.76% Weir Group (WEIR) 1,837.00p -6.28% Tullow Oil (TLW) 441.30p -5.08% Royal Dutch Shell 'B' (RDSB) 2,175.50p -3.97% Royal Dutch Shell 'A' (RDSA) 2,095.00p -3.85% BP (BP.) 410.70p -3.64% BHP Billiton (BLT) 1,513.00p -3.45% Petrofac Ltd. (PFC) 820.00p -2.79% Smiths Group (SMIN) 1,150.00p -2.71% Sainsbury (J) (SBRY) 228.50p -2.31% FTSE 250 - Risers AO World (AO.) 241.00p +3.43% SSP Group (SSPG) 259.50p +1.76% Merlin Entertainments (MERL) 372.10p +1.47% Pennon Group (PNN) 859.00p +1.42% Zoopla Property Group (WI) (ZPLA) 197.50p +1.28% Thomas Cook Group (TCG) 120.70p +1.26% Playtech (PTEC) 649.50p +1.17% Dunelm Group (DNLM) 880.50p +1.15% Capital & Counties Properties (CAPC) 373.50p +1.14% Go-Ahead Group (GOG) 2,604.00p +1.13% FTSE 250 - Fallers Premier Oil (PMO) 188.90p -12.55% Ophir Energy (OPHR) 141.80p -10.20% EnQuest (ENQ) 52.80p -9.36% Hunting (HTG) 572.00p -8.70% Fenner (FENR) 235.60p -8.65% Wood Group (John) (WG.) 591.00p -7.66% Vedanta Resources (VED) 734.50p -6.79% Afren (AFR) 54.95p -5.67% Cairn Energy (CNE) 158.50p -5.20% UK Event Calendar Friday 28 November INTERIMS Pennon Group, Real Estate Credit Investments PCC Ltd INTERIM DIVIDEND PAYMENT DATE Booker Group, CareTech Holding, Charles Taylor, DCC, Games Workshop Group, Goals Soccer Centres, Hansa Trust, Hilton Food Group, JZ Capital Partners Ltd, Lookers, Morgan Advanced Materials , Prime People, Provident Financial, Senior, SQN Asset Finance Income Fund Limited QUARTERLY PAYMENT DATE City of London Inv Trust, F&C Commercial Property Trust Ltd., Picton Property Income Ltd INTERNATIONAL ECONOMIC ANNOUNCEMENTS Chicago PMI (US) (14:45) International Reserves (EU) (11:00) Retail Sales (GER) (07:00) Unemployment Rate (EU) (10:00)   Real Estate Credit Investments PCC Ltd Q3 Arrow Global Group, TCS Group Holding GDR (Each Repr 1 A Shr) (Reg S) GMS Filtronic, Proxama , Range Resources Ltd. (DI), Ryanair Holdings FINALS Zambeef Products ANNUAL REPORT Tracsis SPECIAL DIVIDEND PAYMENT DATE Investec Structured Products Calculus VCT, Manchester & London Investment Trust EGMS Plaza Centers NV AGMS Aquarius Platinum Ld, Coal of Africa Ltd., Gemfields, Hellenic Carriers Ltd., JPMorgan Smaller Companies Inv Trust, Kea Petroleum, Lok'n Store Group, Mosman Oil and Gas Limited (DI), Quadrise Fuels International, Range Resources Ltd. (DI), Scotgold Resources (DI), VinaLand Ltd, VinaLand ZDP Ltd UK ECONOMIC ANNOUNCEMENTS Consumer Confidence (09:30) GFK Consumer Confidence (00:05) FINAL DIVIDEND PAYMENT DATE Abcam, Animalcare Group, Galliford Try, Kier Group, Manchester & London Investment Trust, Mcbride, Sabien Technology Group Earn an iPad Air 2 or Mini 3 Join Spreadex and trade the UK 100, EUR/USD, Wall St or GBP/USD markets to earn either an iPad Air 2 or iPad Mini 3.  Losses can exceed deposit. Click here for ull ts & cs. Europe Market Report FTSE 100 Euronext Dax perf CAC 40 Europe open: Stocks little changed ahead of Eurozone CPI, unemployment data Little change has been seen among European stocks on Friday morning as investors await the release of both the consumer price index (CPI) and unemployment data. The region's indices look set to register their best monthly performance since February as stocks remain buoyant ahead of next week's European Central Bank meeting, where many are hoping President Mario Draghi will increase its asset-buying programme. "A mixed looking open expected for the European markets, coming off the back of a particularly strong Asian session," Alpari market analyst Mahony said. "The release of poor inflation data from Japan drove much of that bullish prices action overnight, whilst the existence of the Eurozone CPI number this morning means that many are holding off until what is expected to be a very volatile release takes place." The latest CPI figure for the euro-area is expected to show a year-on-year rise of 0.3%, representing a drop from the previous month's reading of 0.4%. The unemployment figure is predicted to have remained at 11.5% in October. "Everything is set up for a more dovish European Central Bank going forward as long as CPI remains low and thus should we see a return to 0.3% it is likely that the stock markets will reflect this in a positive way given what it means for potential monetary policy going forward," Mahony continued. Oil stocks hit by OPEC decision The decision by the Organization of the Petroleum Exporting Countries (OPEC) to maintain a steady rate of oil output has sent the price of Brent tumbling, and consequently oil stocks, tumbling. Copper producer Aurubis AG was also in the red thanks to a rating cut from Goldman Sachs, which downgraded the stock from 'buy' to 'neutral'. Swissquote offers CFD Trading, an efficient mean of trading indices, commodities and currencies. You can trade on the market whether you think it will go UP or Down! Think the DAX will go Down? Short the DAX… Try CFD Trading with a Free Practice Account losses can exceed your deposit. US Market Report US Market Close for Thanksgiving Day yesterday. End of year rally? What should you be buying right now? Get your Santa Rally report now.  Click here. Losses can exceed deposits. Newspaper Round Up Friday newspaper round-up: Opec, BG, Amazon, Wikipedia Oil prices plummeted to a new four-year low on Thursday, after members of the Organisation of the Petroleum Exporting Countries could not reach an agreement on cutting output, the Times reports. Negotiations in Vienna were unsuccessful and that the cartel will now hold production at current levels, as experts warn that the price of Brent could fall as low as $60 a barrel over the coming months. Pressure keeps mounting for oil and gas firm BG, whose shareholders have been urged to vote against £25m pay deal for its new boss, says the Guardian. Investors have warned that the proposed pay award for Hedge Lund may end up being blocked. Ashley Hamilton Claxton, corporate governance manager at Royal London Asset Management, backed the choice to appoint Lund but said the company made a mistake in disregarding a pay policy it had agreed with its shareholders just over six months ago. The Telegraph reports that online retailer giant Amazon has defended itself against claims that it was trying to "destroy Royal Mail". The postal service warned that growth in parcel revenues was slower than expected because of Amazon's decision to launch its own delivery service. Christopher North, Amazon UK's boss said: "Amazon Logistics is not about replacing a carrier, it is about complementing." Vincent Tchenguiz has begun a £2.2bn legal action against Grant Thornton, Kaupthing Bank and three individuals he has dubbed "the conspirators" for their alleged role in his wrongful arrest, says the Times. The embattled tycoon, who has been mired in legal battles since the Serious Fraud Office arrested him three years ago during its failed investigation into Iceland's Kaupthing Bank, said that he believed the defendants had "conspired to instigate" the SFO's inquiry into his business affairs. According to the Telegraph, Jimmy Wales, the founder of Wikipedia, has drummed up investor support for a £100m London listing of his charity mobile phone company, The People's Operator.   New ADVFN Service - FREE Reports Get your free report on Isa's, Investment Trusts, Funds, Sipps Travel and Cars - FREE and Easy service CLICK HERE To advertise in the Euro Markets Bulletin please contact patrick@advfn.co.uk     To unsubscribe from this news bulletin or edit your mailing list settings click here. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49

Evening Euro Markets Bulletin

ADVFN III Evening Euro Markets Bulletin Daily world financial news Thursday, 27 November 2014 17:48:37 Monitor Quote Charts News CFD's Spreadbetting Free BB   Sponsored by: Fisher Investments UK Will you be able to retire in comfort? Download the 15-Minute Retirement Plan by Fisher Investments. Click Here to Downloand London Market Report FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts London close: Crude futures plummet, but Footsie barely flinches Somewhat unexpectedly, at Thursday's summit, in Vienna, the Organization of Petroleum Exporting Countries (OPEC) decided not to cut its current "official" level of production, in effect admitting that their power to influence the market is now diminished. On the other hand, it might be the best way to force others to help share the burden of stabilising prices, they seem to have reasoned. In any case, it is not every day that one sees Brent futures drop by almost 7%. As of 17:18 they were off by 6.6% to $72.63 per barrel on the ICE. Quite impressively, London's benchmark index, the Footsie, barely flinched in response, ending the session lower by just six points at 6,723. The index has traded broadly sideways since hitting a two-month high last week. "Each member of the oil cartel is effectively waiting for someone else to blink first, the consensus being 'we'll cut if they cut'. Whilst in theory this sounds sensible, with no one actually willing to cut, oil looks set for another precipitous fall," said analyst Connor Campbell from Spreadex mused to himself before the meeting. "The FTSE is suffering at the hands of weak oil, due to the prevalence of energy companies making up the index," he said. Elsewhere, speeches from European Central Bank president Mario Draghi, and ECB members Jens Weidmann and Vitor Constancio were in focus on Thursday, along with data on German inflation. The latter surprised some analysts to the downside, sending Bund yields below 0.7% for the first time ever. Speaking in Finland Mario Draghi said the Governing Council is unanimous in its agreement to employ additional non-standard measures should they be needed. Energy shares slump Oil and gas producers such as BG Group, Tullow Oil, Shell, BP, Afren and Enquest ended firmly in the red as shares tracked crude prices lower following the outcome of the OPEC meeting. BG Group was also feeling the heat as the proposed £25m pay package for its new boss Helge Lund continues to spark anger. The Institute of Directors branded the remuneration "excessive" and "inflammatory". Stocks in the energy services sector were also under pressure on concerns that lower prices could prompt producers to scale back on project spend. Petrofac, which delivered a profit warning to investors last week on the back of lower oil prices and the timing of contracts, was a heavy faller, along with Hunting and Amec Foster Wheeler. Amec Foster Wheeler, however, was also trading lower after going ex-dividend, meaning that investors will no longer have access to the company's latest payout. A number of stocks others also went ex-dividend on Thursday, including Dunelm, Johnson Matthey, Royal Mail, SABMiller, Vedanta Resources, Lancashire Holdings, Wolseley and JD Wetherspoon. Glaxosmithkline was subdued despite saying it is on track to complete its complex three-way £11bn deal with Swiss pharmaceutical peer Novartis next year after US regulators approved the first two parts of the transaction. Stagecoach saw shares surged after its 90%-owned joint venture with Virgin Rail won the contract from the Department for Transport to run the new InterCity East Coast franchise for eight years from March 2015. Supermarket chain J Sainsbury was under pressure after Shore Capital downgraded its rating from 'hold' to 'sell', saying investors should expect a "material contraction in profitability". techMARK 2,936.47 +0.86% FTSE 100 6,723.42 -0.09% FTSE 250 15,889.66 +0.64%   WIN TICKETS TO RUGBY WORLD CUP 2015 Join our fantasy trading game for your chance to win money can’t buy rugby experiences and much more Find out more here FTSE 100 - Risers easyJet (EZJ) 1,633.00p +5.70% International Consolidated Airlines Group SA (CDI) (IAG) 457.80p +4.81% TUI Travel (TT.) 433.30p +3.78% ITV (ITV) 212.90p +2.75% Intu Properties (INTU) 357.60p +2.64% Admiral Group (ADM) 1,248.00p +2.63% Barclays (BARC) 243.80p +2.44% Smith & Nephew (SN.) 1,133.00p +2.35% Carnival (CCL) 2,697.00p +2.20% Ashtead Group (AHT) 1,078.00p +1.89% FTSE 100 - Fallers Tullow Oil (TLW) 464.90p -7.21% Petrofac Ltd. (PFC) 843.50p -6.23% BG Group (BG.) 986.70p -5.98% Weir Group (WEIR) 1,960.00p -4.76% Royal Dutch Shell 'B' (RDSB) 2,265.50p -4.27% Royal Dutch Shell 'A' (RDSA) 2,179.00p -3.73% Fresnillo (FRES) 731.00p -3.18% Randgold Resources Ltd. (RRS) 4,345.00p -2.88% BP (BP.) 426.20p -2.67% BHP Billiton (BLT) 1,567.00p -2.40% FTSE 250 - Risers Stagecoach Group (SGC) 400.40p +8.22% National Express Group (NEX) 257.40p +6.89% Greencore Group (GNC) 295.00p +6.08% RPC Group (RPC) 580.00p +6.03% Shaftesbury (SHB) 806.00p +5.77% JD Sports Fashion (JD.) 505.00p +5.74% Daejan Holdings (DJAN) 5,400.00p +5.37% Thomas Cook Group (TCG) 119.20p +5.02% Riverstone Energy Limited (RSE) 900.00p +4.47% UBM (UBM) 468.10p +4.33% FTSE 250 - Fallers Lancashire Holdings Limited (LRE) 549.00p -11.88% Afren (AFR) 58.25p -10.59% EnQuest (ENQ) 58.25p -10.38% Premier Oil (PMO) 216.00p -7.02% Hunting (HTG) 626.50p -6.98% Amec Foster Wheeler (AMFW) 995.00p -6.04% Wood Group (John) (WG.) 640.00p -5.81% Cairn Energy (CNE) 167.20p -3.74% Ophir Energy (OPHR) 157.90p -3.72% Earn an iPad Air 2 or Mini 3 Join Spreadex and trade the UK 100, EUR/USD, Wall St or GBP/USD markets to earn either an iPad Air 2 or iPad Mini 3.  Losses can exceed deposit. Click here for ull ts & cs. Europe Market Report FTSE 100 Euronext Dax perf CAC 40 Europe close: Stocks mostly higher after German data, Draghi stimulus remarks European stocks were mostly higher as investors weighed German data and remarks on further stimulus measures in the Eurozone. European Central Bank President (ECB) Mario Draghi said the monetary authority was unanimous in using additional unconventional instruments within its mandate if needed to address low inflation. "In this context, we have also tasked relevant ECB staff and Eurosystem committees with the timely preparation of further measures to be implemented, if needed," he said in a speech in Helsinki. Draghi's last week said that the ECB would consider buying government bonds if necessary. Meanwhile, economic confidence in the Eurozone unexpectedly rose in November. The index increased to 100.8 this month from 100.7 in October. Analysts had pencilled in a reading of 100.3. In Germany, the unemployment rate in November was unchanged from the previous month at 6.6%, compared to a forecast for a 6.7%. The number of unemployed people fell by 14,000 this month, more than the 1,000 drop expected by economists. In October the number of jobless dropped 23,000. GfK's forward-looking index on German consumer confidence rose to 8.7 in December from 8.5 in November, beating expectations of 8.6. German inflation rose 0.6% year-on-year in November, slowing from the 0.8% gain a month earlier, as expected. The euro fell 0.23% to $1.2477. OPEC keeps output target unchanged The Organisation of Petroleum Exporting Countries (OPEC) decided to keep its output target unchanged at 30m barrels per day, surprising analysts who had expected at least some token action to be decided upon to slow the slide in crude prices. The drop in Brent crude futures steepened on the news, to 3.5% to $75.05 barrel on the ICE, a level which some analysts have pencilled in as their target for that benchmark of crude oil over the coming months. Remmy Cointreau advances Remy Cointreau SA gained after the French cognac maker reported first-half operating profit that beat analysts' estimates. Infineon Technologies AG declined after saying first-quarter sales may drop as much as 9% from the previous three months. Stagecoach Group rallied after the UK government said will award the new London-Edinburgh East Coast franchise to Inter City Railways, a consortium of Stagecoach and Virgin Trains. Swissquote offers CFD Trading, an efficient mean of trading indices, commodities and currencies. You can trade on the market whether you think it will go UP or Down! Think the DAX will go Down? Short the DAX… Try CFD Trading with a Free Practice Account losses can exceed your deposit. US Market Report US Market is Close for Thanksgiving Day. End of year rally? What should you be buying right now? Get your Santa Rally report now.  Click here. Losses can exceed deposits. Broker Tips Broker tips: Sky, J Sainsbury, Wolseley Deutsche Bank has reinstated its coverage of Sky with a 'hold' rating and 1,000p target, saying that "investors can afford to wait" amid material near-term uncertainties regarding the company's future. The bank previously had a 'buy' recommendation on the stock with a 1,100p target. The bank said: "Near-term, the new group faces choppy waters: UK Premier League rights renewal, Sky Italia without Champions League from next season and increased competition in the UK triple play/quad play market. These are material for earnings and we still don't have full financial and operational disclosure on Sky Italia." The share price of UK supermarket chain J Sainsbury was under pressure on Thursday after Shore Capital downgraded its rating from 'hold' to 'sell', saying investors should expect a "material contraction in profitability". The broker said it sees "few attractions in holding Sainsbury's shares". It expects a 30% "reset" in earnings per share and is forecasting three years of declines in Sainsbury's profits and dividends. Citigroup said it is "backing off for now" at Wolseley as it lowered its stance for the building and plumbing products group from 'buy' to 'neutral'.   New ADVFN Service - FREE Reports Get your free report on Isa's, Investment Trusts, Funds, Sipps Travel and Cars - FREE and Easy service CLICK HERE To advertise in the Euro Markets Bulletin please contact patrick@advfn.co.uk     To unsubscribe from this news bulletin or edit your mailing list settings click here. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49

Morning Euro Markets Bulletin

ADVFN  Morning Euro Markets Bulletin Daily world financial news Thursday, 27 November 2014 10:00:44 Monitor Quote Charts News CFD's Spreadbetting Free BB   Sponsored by: Fisher Investments UK Will you be able to retire in comfort? Download the 15-Minute Retirement Plan by Fisher Investments. Click Here to Downloand London Market Report FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts London open: Investors await pivotal OPEC meeting, Brent drops The UK stock market opened flat on Thursday as investors awaited a jam-packed day full of economic data, policymaker speeches and a pivotal meeting of the Organization of Petroleum Exporting Countries (OPEC). London's FTSE 100 index was down 0.1% at 6,722 in early deals. While US markets will be closed for the Thanksgiving holiday, a number of 'risk events' during the session could prompt some market volatility, with the OPEC meeting likely to grab the most focus as crude prices extended a four-year low. "Whether or not [OPEC] will cut its output target to curb the downward pressure on oil prices looks to be a close call," said analysts at Danske Bank. They highlighted a recent Bloomberg survey, which showed that 58% of analysts expect OPEC to keep its target for production unchanged. Brent crude fell the fourth day in London, dropping as much as 1.9% to $76.28 a barrel. According to analyst Michael Hewson from CMC Markets UK, an agreement on production cuts "seems fairly unlikely" after comments from ministers of Saudi Arabia and the United Arab Emirates who hinted that they had no intention to scale back output. "That would suggest the likelihood of further declines in the oil price towards $70 a barrel unless oil ministers pull a rabbit out of the hat, and catch the market on the wrong foot. If this does happen then its great news for consumers, but not so great for energy stocks or any leveraged plays that need a high oil price to break even," he said. Elsewhere, speeches from European Central Bank president Mario Draghi, and ECB members Jens Weidmann and Vitor Constancio will grab the spotlight on Thursday morning. Data on German unemployment, inflation and consumer confidence will also be in focus. Oil stocks slump ahead of OPEC meeting Oil and gas producers such as BG Group, Tullow Oil, Shell, BP, Afren and Enquest were trading with losses early on as shares tracked crude prices lower ahead of the crucial OPEC meeting. BG Group was also feeling the heat as the proposed £25m pay package for its new boss Helge Lund continues to spark anger. The Institute of Directors branded the remuneration "excessive" and "inflammatory". Stocks in the energy services sector were also under pressure ahead of the OPEC meeting on concerns that lower prices could prompt producers to scale back on project spend. Petrofac, which delivered a profit warning to investors last week on the back of lower oil prices and the timing of contracts, was a heavy faller, along with Hunting and Amec Foster Wheeler. Amec Foster Wheeler, however, was also trading lower after going ex-dividend, meaning that investors will no longer have access to the company's latest payout. A number of stocks others also went ex-dividend on Thursday, including Dunelm, Johnson Matthey, Royal Mail, SABMiller, Vedanta Resources, Lancashire Holdings, Wolseley and JD Wetherspoon. Glaxosmithkline gained after saying it is on track to complete its complex three-way £11bn deal with Swiss pharmaceutical peer Novartis next year after US regulators approved the first two parts of the transaction. Stagecoach saw shares surge after its 90%-owned joint venture with Virgin Rail won the contract from the Department for Transport to run the new InterCity East Coast franchise for eight years from March 2015. Market Movers techMARK 2,911.86 +0.01% FTSE 100 6,721.56 -0.11% FTSE 250 15,812.78 +0.15% FTSE 100 - Risers Barclays (BARC) 241.00p +1.26% Anglo American (AAL) 1,364.00p +1.22% SSE (SSE) 1,626.00p +1.06% ITV (ITV) 209.40p +1.06% Dixons Carphone (DC.) 422.80p +1.03% Reckitt Benckiser Group (RB.) 5,215.00p +0.97% Rio Tinto (RIO) 3,030.00p +0.93% Sky (SKY) 932.50p +0.92% Admiral Group (ADM) 1,226.00p +0.82% Smith & Nephew (SN.) 1,116.00p +0.81% FTSE 100 - Fallers Petrofac Ltd. (PFC) 879.50p -2.22% Royal Mail (RMG) 415.90p -1.70% BG Group (BG.) 1,032.50p -1.62% Sainsbury (J) (SBRY) 236.00p -1.26% Sports Direct International (SPD) 631.00p -1.25% Tullow Oil (TLW) 495.50p -1.10% Tesco (TSCO) 185.20p -1.07% Rolls-Royce Holdings (RR.) 858.50p -0.98% BP (BP.) 433.75p -0.95% Royal Dutch Shell 'B' (RDSB) 2,345.00p -0.91% FTSE 250 - Risers Stagecoach Group (SGC) 394.80p +6.70% Shaftesbury (SHB) 806.00p +5.77% Electra Private Equity (ELTA) 2,691.00p +4.34% Thomas Cook Group (TCG) 117.70p +3.70% SSP Group (SSPG) 250.80p +2.37% Serco Group (SRP) 178.60p +2.17% Nostrum Oil & Gas (NOG) 657.00p +2.10% National Express Group (NEX) 245.50p +1.95% Poundland Group (PLND) 316.00p +1.94% RPC Group (RPC) 557.50p +1.92% FTSE 250 - Fallers Lancashire Holdings Limited (LRE) 544.00p -12.68% EnQuest (ENQ) 62.45p -3.92% Afren (AFR) 63.25p -2.92% Hunting (HTG) 656.00p -2.60% Amec Foster Wheeler (AMFW) 1,035.00p -2.27% Foxtons Group (FOXT) 150.00p -1.96% 3i Infrastructure (3IN) 146.60p -1.87% Ocado Group (OCDO) 314.80p -1.87% Cairn Energy (CNE) 170.50p -1.84% WIN TICKETS TO RUGBY WORLD CUP 2015 Join our fantasy trading game for your chance to win money can’t buy rugby experiences and much more Find out more here UK Event Calendar Thursday 27 November INTERIMS Acal, Digital Barriers, Mountview Estates, Palace Capital , PayPoint, Poundland Group , RPC Group, ULS Technology , VP INTERIM DIVIDEND PAYMENT DATE Action Hotels, Development Securities, Moss Bros Group, Panther Securities, Toyota Motor Corp., Zhejiang Expressway Co 'H' Shares INTERIM EX-DIVIDEND DATE 3i Infrastructure, Amec Foster Wheeler, Anglo Pacific Group, Castings, E2V Technologies, Foresight VCT Planned Exit Shares, John Laing Environmental Assets Group Limited , Johnson Matthey, London Security, Mckay Securities, Record, Royal Mail, SABMiller, Sepura, Sirius Real Estate Ltd., Stanley Gibbons Group, Telecom Plus, Vedanta Resources, Wynnstay Properties, Young & Co's Brewery 'A' Shares, Young & Co's Brewery (Non-Voting) QUARTERLY EX-DIVIDEND DATE Canadian General Investments Ltd., Duet Real Estate Finance Ltd, Energy XXI (Bermuda) (DI), HICL Infrastructure Company Ltd, Utilico Investments Ltd (DI) INTERNATIONAL ECONOMIC ANNOUNCEMENTS Business Climate Indicator (EU) (10:00) Economic Sentiment Indicator (EU) (10:00) GFK Consumer Confidence (GER) (12:00) M3 Money Supply (EU) (09:00) Unemployment Rate (GER) (08:55) Q3 Public Power GDR SA (Reg S) FINALS Impax Asset Management Group, Marston's, Shaftesbury, SSP Group SPECIAL DIVIDEND PAYMENT DATE Eclectic Bar Group SPECIAL EX-DIVIDEND PAYMENT DATE Keystone Inv Trust, Lancashire Holdings Limited EGMS Harbourvest Senior Loans Europe Ltd., Ingenious Entertainment VCT 1 'C' Shares, Ingenious Entertainment VCT 1 'D' Shares, Ingenious Entertainment VCT 1 E Shares, Ingenious Entertainment VCT 1 F Shares, Ingenious Entertainment VCT 1 G Shs, Ingenious Entertainment VCT 1 H Shs, Ingenious Entertainment VCT 2 'C' Shares, Ingenious Entertainment VCT 2 'D' Shares, Ingenious Entertainment VCT 2 E Shares, Ingenious Entertainment VCT 2 F Shares, Ingenious Entertainment VCT 2 G Shs, Ingenious Entertainment Vct 2 H Shs AGMS Allocate Software, Avanti Communications Group, Berkeley Resources Ltd. (DI), City Natural Resources High Yield Trust, Eclectic Bar Group, Ferrum Crescent Ltd NPV (DI), Global Petroleum Ltd., Netcall, Petra Diamonds Ltd.(DI), Red Emperor Resources NL (DI), Transense Technologies FINAL DIVIDEND PAYMENT DATE Wetherspoon (J.D.), Wolseley FINAL EX-DIVIDEND DATE A&J Mucklow Group, Diploma, Dunelm Group, Euromoney Institutional Investor, JPMorgan Japanese Inv Trust, Northern Venture Trust, NOTTS.B.S. 7 7/8% PERM INT BEARING SHS, Origin Enterprises, Pure Wafer, Smart (J) & Co., UDG Healthcare Public Limited Company, World Careers Network   Earn an iPad Air 2 or Mini 3 Join Spreadex and trade the UK 100, EUR/USD, Wall St or GBP/USD markets to earn either an iPad Air 2 or iPad Mini 3.  Losses can exceed deposit. Click here for ull ts & cs. Europe Market Report FTSE 100 Euronext Dax perf CAC 40 Europe open: Stocks mixed ahead of Draghi speech, German unemployment steady European stocks were mixed before a speech from the president of the region's central bank, possibly offering hints on stimulus measures. European Central Bank President Mario Draghi will speak in Helsinki at 11:30 London time, after last week saying the bank would consider buying government bonds if inflation remained too low for too long. Ahead of his remarks, the German unemployment rate in November was unchanged from the previous month at 6.6%, compared to a forecast for a 6.7%. The number of unemployed people fell by 14,000 this month, more than the 1,000 drop expected by economists. In October the number of jobless dropped 23,000. GfK's index on German consumer confidence, out at 12:00, is predicted to increase to 8.6 in December from 8.5 the prior month. Inflation in Europe's biggest economy, released at 13:00, is pegged to easy back to an annualised 0.6% in November from 0.8% a month earlier. The data will be closely watched amid concerns that the stagnant euro-area is weighing down the global economy. The OECD on Tuesday warned that the Eurozone was weighing down on international growth and needed a package of measures including monetary stimulus. Company-wise, Remy Cointreau SA gained after the French cognac maker reported first-half operating profit that beat analysts' estimates. Infineon Technologies AG declined after saying first-quarter sales may drop as much as 9% from the previous three months. Brent crude futures slid 2.4% to $75.89 after Saudi Arabia indicated it would not push for output cuts to help push up oil prices. OPEC oil producers are set to meet on Thursday. The euro fell 0.26% to $1.2474. Swissquote offers CFD Trading, an efficient mean of trading indices, commodities and currencies. You can trade on the market whether you think it will go UP or Down! Think the DAX will go Down? Short the DAX… Try CFD Trading with a Free Practice Account losses can exceed your deposit. US Market Report US close: Markets rise ahead of OPEC decision, despite negative data US equity markets rose on Wednesday, despite a rise in jobless claims for the first time since September and mixed data on orders for durable goods. On a day with lots of weak economic data, the Dow Jones Industrial Average advanced by 12.81 points, landing at 17,827.75, while the S&P 500 rose by 5.8 to 2,072.83 and the Nasdaq increased 0.6% to 4,787.32. The markets are still waiting on OPEC, the group of oil making nations, to make a decision about whether to reduce production levels. The OPEC meeting will take place 27 November. Chief market analyst for FXTM Jameel Ahmed said: "Although there was previously optimism that a cut in production would be agreed, this optimism is quickly fading today." This follows reports that Saudi Arabian Oil minister Ali Al-Naimi asserted that the nation will not be willing to cut oil production and no other country should either. Mexico, Russia and Venezuela are all also reportedly against cutting production. "If no one cuts production, it strongly suggests that the oil markets are set to continue trading in a bearish direction in the longer term," Ahmed added. Barclays Research argued that "Saudi Arabia is likely also mindful of the impact of higher oil prices on what is currently a fragile global economy and on future oil demand growth". "Given the widespread view that current price levels will not be enough to materially lower US tight oil output growth, another leg lower of as much as $10/barrel would be likely if this scenario materialises." The US Department of Commerce released figures that revealed orders for durable goods increased by 0.4% month-on-month in October to $243.8bn, topping the consensus forecast of a 0.6% fall. However this figure excluded transportation. Meanwhile, initial jobless claims rose to an 11-week high and sky-rocketed to the 300,000 mark for the first time in nearly three months. The number of US initial jobless claims in the week ended 22 November reached 313,000, exceeding the 288,000 expected by a substantial amount. In the corporate world, Hewlett-Packard shares gained more than 4% in spite of missing estimates for fourth quarter sales. The stock "bounced back from a weak open, as the low valuation and healthy balance sheet entice in investors despite an across-the-board decline in revenues", according to IG market analyst Chris Beauchamp. Elsewhere, Deere & Co stock fell by 0.91% after its 2015 profit was announced as $1.9bn, missing earlier $2.2bn estimates. Hertz Global Holdings receded steadily by 3.88% following a stake increase by Icahn Associates of about 11% from 8.7% at the end of September. The dollar succumbed to the pound, the yen and the euro, while oil prices continued to decline. Brent crude dropped almost a full percentage point to $77.6 a barrel, while West Texas intermediate sank to $73.6 a barrel after losing almost 0.7%. S&P 500 - Risers Analog Devices Inc. (ADI) $54.56 +5.51% Becton, Dickinson & Company (BDX) $141.26 +4.85% Mylan Inc. (MYL) $58.62 +4.36% Hewlett-Packard Co. (HPQ) $39.16 +4.07% Texas Instruments Inc (TXN) $54.33 +3.60% Avago Technologies Ltd. (AVGO) $93.78 +2.89% Applied Materials Inc. (AMAT) $23.87 +2.78% Linear Technology Corp. (LLTC) $45.55 +2.73% Hormel Foods Corp. (HRL) $52.70 +2.69% Facebook Inc. (FB) $77.62 +2.63% S&P 500 - Fallers KLA-Tencor Corp. (KLAC) $67.33 -20.01% Diamond Offshore Drilling Inc. (DO) $32.22 -10.90% Transocean Ltd. (RIG) $23.27 -8.06% Ensco Plc. (ESV) $37.15 -6.85% Noble Corporation plc (NE) $19.71 -5.06% Rowan Companies plc (RDC) $23.32 -3.60% Newfield Exploration Co (NFX) $32.48 -3.56% Pioneer Natural Resources Co. (PXD) $160.81 -3.54% Nabors Industries Ltd. (NBR) $15.07 -3.40% Flowserve Corp. (FLS) $65.19 -3.35% Dow Jones I.A - Risers Pfizer Inc. (PFE) $31.10 +2.07% Intel Corp. (INTC) $36.90 +1.60% Verizon Communications Inc. (VZ) $50.04 +1.42% Travelers Company Inc. (TRV) $104.37 +0.91% AT&T Inc. (T) $35.13 +0.89% Home Depot Inc. (HD) $97.70 +0.71% Merck & Co. Inc. (MRK) $59.75 +0.69% Microsoft Corp. (MSFT) $47.75 +0.59% Cisco Systems Inc. (CSCO) $27.42 +0.53% Nike Inc. (NKE) $97.80 +0.52% Dow Jones I.A - Fallers United Technologies Corp. (UTX) $110.16 -1.39% Chevron Corp. (CVX) $115.11 -0.90% McDonald's Corp. (MCD) $96.22 -0.80% Caterpillar Inc. (CAT) $105.79 -0.42% Exxon Mobil Corp. (XOM) $94.48 -0.32% Coca-Cola Co. (KO) $44.29 -0.32% E.I. du Pont de Nemours and Co. (DD) $71.47 -0.29% Goldman Sachs Group Inc. (GS) $188.52 -0.18% Boeing Co. (BA) $134.78 -0.02% Visa Inc. (V) $257.26 -0.00% Nasdaq 100 - Risers Analog Devices Inc. (ADI) $54.56 +5.51% Mylan Inc. (MYL) $58.62 +4.36% Texas Instruments Inc (TXN) $54.33 +3.60% Avago Technologies Ltd. (AVGO) $93.78 +2.89% Applied Materials Inc. (AMAT) $23.87 +2.78% Linear Technology Corp. (LLTC) $45.55 +2.73% Facebook Inc. (FB) $77.62 +2.63% Dish Network Corp. (DISH) $78.24 +2.49% Xilinx Inc. (XLNX) $45.49 +2.48% Maxim Integrated Products Inc. (MXIM) $29.68 +2.45% Nasdaq 100 - Fallers KLA-Tencor Corp. (KLAC) $67.33 -20.01% Vimpelcom Ltd Ads (VIP) $5.77 -1.87% Staples Inc. (SPLS) $13.92 -1.21% Priceline Group Inc (PCLN) $1,166.83 -1.05% Mattel Inc. (MAT) $30.88 -0.99% NetApp Inc. (NTAP) $42.70 -0.88% PACCAR Inc. (PCAR) $67.36 -0.85% F5 Networks Inc. (FFIV) $129.09 -0.83% Gilead Sciences Inc. (GILD) $100.30 -0.80% End of year rally? What should you be buying right now? Get your Santa Rally report now.  Click here. Losses can exceed deposits. Newspaper Round Up Thursday newspaper round-up: Scotland, GSK, BG, Stagecoach Scottish MPs will be entitled to vote on UK budgets even though control over income tax will soon be transferred over to the Edinburgh parliament, Labour has revealed shortly before the publication of a cross-party devolution deal on Thursday, the Financial Times found. The Smith Commission, charged with getting agreement following an independence referendum by David Cameron, will uncover proposals to allot the Scottish Parliament a bunch of new tax and welfare powers. Labour insiders have let slip that a deal has been made to ensure Scottish MPs can vote on finance Bills at Westminster regardless of the fact that income tax rates south of the Border will no longer apply in their constituencies Thousands of health care workers in Sierra Leone and Liberia may receive an experimental Ebola vaccine in early 2015 now that GlaxoSmithKline has confirmed that drug-trials have so far been "encouraging", reports the Telegraph. The British pharmaceutical firm is developing the vaccine in partnership with the US National Institutes of Health and said each of the 20 healthy adult volunteers who took part in the trial showed an "immunological response". Over a million low-income households have been overcharged by an average of £50 by their energy supplier because of faulty gas meters, says the Times. British Gas, the largest energy supplier, is understood to be the worst offender as its customers use about half of the 1.5m pre-payment meters in question. The billing errors go back to 2007, when the first meters were installed and energy suppliers have begun contacting affected customers, promising to pay full refunds. According to the Guardian, oil and gas group BG faces an uphill struggle with its shareholders after ISS, the biggest investor advisory group, rejected a £25m, pay deal for the firm's new chief executive. ISS claimed the company's pay committee had not done its job properly and invited investors to vote against Helge Lund's package at an extraordinary general meeting called to approve the pay package in December. The oil price tumbled below $78 a barrel on the eve of Thursday's Opec meeting after Saudi Arabia and the United Arab Emirates hinted that they had no intention of cutting production levels to prop up prices, the Times says. With oil prices down by a third since June and producers mothballing now-unviable projects, the Organisation of Petroleum Exporting Countries meets in Vienna for one of its most closely watched gatherings in years. Stagecoach and Virgin Trains have won an eight-year contract to run the London-to-Scotland East Coast Main Line. The line, which has been operated by a British-taxpayer-owned rail company since 2009, will be re-privatised on March 1 next year, reports the Telegraph.   New ADVFN Service - FREE Reports Get your free report on Isa's, Investment Trusts, Funds, Sipps Travel and Cars - FREE and Easy service CLICK HERE To advertise in the Euro Markets Bulletin please contact patrick@advfn.co.uk     To unsubscribe from this news bulletin or edit your mailing list settings click here. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49