US Market CLosed lower, Nasdaq was worst performer, FB one of worst per formes among the big names -6,9%, Industrials were weak also with especially Transports...JPY strenghten...VIX @ 15,20 +8,4%...Volume were above average @ 738 mil shares... In Japan, the uncertainty over the need for early/late/any additional BOJ easing was on display with conflicting comments from the BOJ and the cabinet. BOJ is expecting a soft Q1, subsequent improvement in Apr-June quarter may not require more easing measures. Separately econ min Amari said the BOJ can maximize the impact of easing by surprising the markets. USD/JPY felt...In China, A note from Moody's may have injected some calm into the China property sector panic, noting property developers will achieve positive but smaller growth in sales revenues over the next 12 months, while maintaining adequate liquidity...Nikkei +1.01% HS -0.24%... Shanghai -0.50%
Eur$ 1.3780 S&P Fut +0.20% European Fut : -0.26%
Macro
- Fed’s Bullard Says Not a Good Idea to Raise Inflation Goal to 4%
- Schaeuble Says ECB, EU Must Meet Bank Union Date: Handelsblatt {NSN N32Z996S972H <go>}
Keep an eye on :
- AB1 GY : Air Berlin in Talks Over Measures for Recapitalization
- AIR FP : Airbus and China Extend A320 Final Assembly Line 10 Years
- AIR FP : Airbus Sees EU50B China Civil Helicopter Mkt in 20 Yrs: Echos
- AIR FP : ANA orders 40 Boeing, 30 Airbus planes
- AKZA NA : Akzo Nobel Won’t Need to Sell Debt After Pension Fund Buy-In
- BALN VX : Baloise Insurance turns down approach by two financial parties over life insurance division - De Tijd
- EN FP : Bouygues in contact with investment funds, including CVC and institutional investors to join bid for SFR
- CEV GY : Centrotec 2013 Profit Rises; Div. Plan Beats BDVD Forecast
- CPG LN : Compass 1H Organic Rev. Up Just Over 4%, Oper. Margin In Line
- DB1 GY : Deutsche Boerse Sees Sales Up 20%-40% by 2017: Boersen-Zeitung
- EDF FP : French Ministry: 20 Reactors May Not Be Needed 2025, Echos Says
- HHFA GY : Hamburger Hafen 2013 Sales Rise; Russia May Affect 2014 Result
- JustEat IPO : Valuation of between £1.2b & £1.47b - price range p210/p260
- KPN NA : Paulson & Co Has 4.54% Stake in Royal KPN, AFM Filing Shows
- LEG GY : LEG Immobilien FFO Rises 6.2% to EU141.2m; Upper End of Forecast
- MAU FP : Maurel & Prom Says 2013 Net Income Rises 53% to EU62.5M
- NOEJ GY : Norma Raises Dividend; Sees 2014 Organic Sales Growth of 4%-7%
- ORA FP : Orange’s Board of Directors votes in favour of a renewed mandate for Stephane Richard
- ORA FP : Orange Hires Santander for Spanish Acquisitions, Expansion Says
- P1Z GY : Patrizia Immobilien 2013 Cons. Annual Profit Rise 46% to EU37.2m
- UG FP : Peugeot, Dongfeng Sign Final Accord for Capital Increase
- POP IM : Banco Popolare Sets Timetable for EU1.5b Capital Increase
- RBI AV : Raiffeisen 4Q Net, Div. Plan Beat; Sees 2014 Risk Costs Stable
- Russian stocks : S&P Cuts Lukoil, Rosneft, Gazprom Outlooks to Negative
- SAB SM : Sabadell Considers IPO of Real Estate Unit, Cinco Dias Says
- SAF FP : Safran, Avic Start New Project for Commercial Jet Engines
- SEM AV : Semperit Revenue, Profit Rises; Dividend Plan Beats
- THEB BB : Thenergo 2013 Net Loss EU2.61m Vs EU440,000 Profit
- US Banks : Citi, HSBC, RBS, Santander, Zions Fail Fed CCAR Stress Test
- UTDI GY : United Internet Full Yr Ebitda Grows 24.9% to EU407.2m
- VOD LN : Vodafone Outlook to Negative From Stable by S&P