Dow-0.30% S&P-0.15% Nasdaq+0.10% Russell+0.48% Nikkei-1.06% Hang Seng+1.94% Shanghai -3.20% EuroStoxx-0.96% FTSE-0.22% CaC-0.28% Dax-2.05% Ibex+1.12% MIB-1.14% SMI -0.38% SXXP-0.27%
In one of the most uncertain monetary policy announcements in years, the Fed held rates near zero and left many market watchers nonplused with a mixed message about the future. The Fed noted additional improvement in the labor market, but justified a further delay in rate liftoff by citing new concerns about global market volatility. Disappointing US retail sales and industrial production data during the week gave the Fed decision some additional cover. Elsewhere, the Euro Zone reported more anemic inflation data, while the BOE said it was on track for contemplating its own rate move around the turn of the year. Ahead of the FOMC meeting, a risk-on sentiment sent equities higher, but they retrenched after the Fed's cautious tone about overseas developments (exacerbated by triple witching expiry on Friday). For the week, the DJIA lost 0.3%, the S&P500 dipped 0.1%, and the Nasdaq edged up 0.1%.
Macro :
- Japan Expected to Maintain Economic Outlook Next Week: Nikkei
- ECB’s Coeure Says Greek Euro-Exit ‘Completely Ruled Out’
- Fed Hike Would Add Insult to Injury for EM: BlackRock’s Goldberg
- Bullard Says Fed ‘Ready to Go’ on Rates in Oct. if Warranted
- Moody's cuts France sovereign debt rating one notch to Aa2 from Aa1; revises outlook to Stable from Negative
Keep an eye on :
- ABI BB : AB InBev Pondering Move to U.K. to Avoid Tax Bill: Telegraph
- AAPL US : Reportedly had discussions earlier this year with the California DMV, leading to increased speculation about a potential 'Apple Car' - UK press
- BAYN GY ; Bayer Says Covestro Share Sale to Raise EU2.5b
- DLG GY : Dialog Semiconductor to Buy Atmel for About $4.6 Billion
- FCX US : Icahn discloses stake increased to 8.8% (up from 8.46% in Aug) - 13D/A filing
- FXPO LN : Ferrexpo Considers Hiring Adviser for Restructure: Sunday Times
- IBE SM : Iberdrola, UIL File Merger Settlement in Connecticut
- IHG LN : InterContinental Hotels poised to clinch acquisition of Fairmont for GBP 1.9bn; eyes Moevenpick
- ZIL2 GY : ElringKlinger Lowers Outlook for 2015 Adj. Ebit
- LEG GY : LEG Immobilien to see Deutsche Wohnen make voluntary public takeover offer
- LEO GY : Leoni Sees 2016 Consolidated Revenue ~EU4.8b, Saw EU5b
- RL US : Barron's Article, overseas expansion and rising margins could lift the stock 20% or more.
- CFR VX : Jaeger May Sell Regent St. Lease to Coach, Relocate:Sunday Times
- ROG VX : Roche’s Esbriet Reduces Risk of Death by 38% After 2 Yrs: Study
- VOD LN : Vodafone Considers Selling Minority Stake in Indian Unit: Times
- VOW3 GY : Volkswagen Sued Over Claims Its Cars Cheat on Emissions Testing
- VOW3 GY : Volkswagen Plans to Buy Red Bull Formula 1 Team, BBC Says
- VOW3 GY : Volkswagen CEO Says Personally Sorry for Broken Trust