US Market was closed for Labour Day. Alibaba IPO to start this week.
Japan July wages increased 2.6%, the fastest pace in more than 17 years in July, quelling expectations of a slowdown, USD/JPY traded stronger by over 45 pips, above ¥104.80 and marks the highest level in 7 months. The strengthening followed press reports that Japan Prime Minister Abe may offer a cabinet position to LDP Deputy Policy Chief Shiozaki, who has been an outspoken proponent of GPIF pension reform...Nikkei +1.51% Hang Seng -0.19% Shanghai +0.66%
Eur$ 1.3122 S&P +0.10% EuroStoxx +0.30% FTSE+0.18% DAX +0.29% SMI +0.15%
Macro
- Putin Tells Barroso He Could ‘Take Kiev in 2 Weeks’: Repubblica {NSN NB97F96KLVRB <go>}
- Hong Kong-Shanghai Valuation Gap Narrows to Least Since May 21
- Mobius Worried by HK Debate on Share Classes, Voting Rights: WSJ
- Stay in European Equities; More QE May Provide Boost: Barclays {NSN NB9F1Q6K50XY<Go>}
Keep an eye on :
- AF FP : Air France FY Domestic Mid-Haul Losses to Halve Vs 2012: Figaro
- BAYN GY : Bayer: Xarelto Effective in AF Patients Undergoing Cardioversion
- CSGN VX : Credit Suisse/Julius Baer Deal Would Face Hurdles, Barclays Says {NSN NB9FAI6JTSEL<Go>}
- CRH LN : Nokia May See Potential Demand of 126.5m Shrs, CRH Supply of 25m -SX5E -Changes {NSN NB8CQ26JIJUU<Go>}
- EI FP : Luxottica Explored Essilor Deal But Didn’t Pursue: Reuters
- HAV FP : Havas Agrees to Lease 165,000 Square Foot Office in London
- ILD FP : Iliad CFO says new partners may aid T-Mobile US bid - Boersen-Zeitung, Financial Times
- LUX IM : Luxottica Explored Essilor Deal But Didn’t Pursue: Reuters
- EGL PL : Portugal’s Parpublica Said to Back Mota-Engil’s Offer for EGF
- NOK1V FH : Nokia May See Potential Demand of 126.5m Shrs, CRH Supply of 25m -SX5E {NSN NB8CQ26JIJUU<Go>}
- NOVN VX : Novartis to Unveil Data From 3 Trials at Respiratory Congress
- OR FP : L'Oreal Replaces Henkel on Europe Conviction List: Raymond James
- PSM GY : ProSiebenSat.1 Offers Europe Ad Budget to Startup Contest Winner
- TEF SM : Telefonica’s Brazil Stock Sale Means More Room for Acquisitions
- TEF SM : Telefonica Offers Vivendi Alliance on Content, Confidencial Says
- TEN IM : Tenaris Raised to Neutral vs Sell at UBS on Improving Outlook {NSN NB9EG26TTDS1<Go>}
- TSCO LN : Wal-Mart tipped as potential acquirer of Tesco -Daily Mail
- TIT IM : Telecom Italia Extends Deadline for Fintech Deal
- VIV FP : Canal+ Loses European Rugby Cup to beIN Sports: L’Equipe
- VIV F: Telefonica Offers Vivendi Alliance on Content, Confidencial Says {NSN NB9EGD6TTDSG<Go>}
- VIV FP : GVT/Telefonica expected to have minimal conditions; Vivendi could take up Telecom Italia stake
- ZAG AV : Zumtobel 1Q Net Income Drops 15%; Restructuring Charges Seen