US Market Closed lower January finished on weak note, Dow -5,30% S&P-3,56% Nasdaq-1,74% on the month, US Market continue to trade in line with JPY, Technology was the only sector to close in Positive territory...volume were well above average with 937mil shares traded...VIX @ 18,41 +6,48%...Hong Kong, China markets closed for holiday (Golden Week)...Japanese shares fell, with the Topix index headed for an 11-week low, as investors weighed corporate earnings and slowing Chinese manufacturing growth increased concern the global economic recovery is faltering.
Eur$ 1,3486 S&P Fut +0,15% European Fut -0,2%
Macro :
- China Jan. Manufacturing PMI 50.5; Est. 50.5
- Schaeuble Plans EU10b-EU20b Additional Greek Aid, Spiegel Says
- Iran to Transfer Government-Owned Shares to Private Sector
- Japan in danger of missing 2020 budget target according
- Turkey Fin Min Simsek denies plans to limit capital flows
- Former senior economist at Fitch, Charlene Chu, warns about the rising danger of shadow banking in China
Keep an eye on :
- ALU FP : Barrons +ve on ALU on boost this year of increase capex in China to build 4G infrastructure
- ALO FP : Ex-Alstom Executives Accused in Bribery Probe, Estado Reports (Brazil)
- AAPL US : Apple Inc Reported to have met with FDA on medical app
- AREVA FP : Areva Resumes production at two uranium mines in Niger previously shut down for maintenance amid negotiations with govt on the tax rate
- ATC NA : Altice looking at a lot of possible acquisitions in existing and new markets (SFR, Group Voo)
- SPR GY : Axel Springer in Talks to Buy Immowelt, Focus Reports
- AZA IM : Etihad, Alitalia Enter Final Phase of Due Diligence Process
- BELG BB : Belgacom SA Unit Proximus to roll out 4G over the next 6-months
- BMPS IM : Paschi Must Raise Cash by End of Year, Almunia Tells Repubblica
- BMPS IM : BMPS controlling shareholder has two consortia bidding for 33.5% stake
- BMW GY : BMW Weighs Cutting Number of Mini Brand Models to 4-5, WiWo
- EN FP : Bouygues, Vivendi’s SFR to Share Part of Mobile Networks
- BT/ LN : BT Group pension shortfall rises to £7.3bn (31/12) from £6.7bn (30/09)
- CBK GY : Commerzbank nearing sale of >Eu4b spanish mortgages - Wiwo
- DBK GY : Deutsche Bank Doesn’t Plan Capital Increase, FAZ Reports
- DEP GY : Depfa receives binding offers of up to EUR 300m
- DFS : U.K. Retailer DFS Plans GBP1b IPO This Yr, Sky Reports
- DTE GY : Antitrust officials deliver blow to Sprint/T-Mobile deal hopes
- DTE GY : EE & Three have struck a network-sharing deal for next rollout of superfast mobile broadband
- ENG SM : Enagas Agrees to Buy 22.4% of Peru’s TGP for $491 Million
- ERICB SS : BArrons +ve on Ericsson, agreement with Samsung, see 25% in next 12 months
- F IM : Fiat to Present Small Jeep SUV at Geneva Car Show: Reuters
- FORMULA ONE : Liberty, Discovery May Buy 49% of Formula One From CVC: N.Y.Post
- OGZD LI : Ukraine Owes $3.35 Billion to Gazprom in Gas Payments: Vedomosti
- GSK LN : Expected to announce up to 10 new drugs to move into late-stage trials
- ISP IM : Intesa Sanpaolo Said to be working on plans to set up an internal "bad bank" that would contain €55B in non-performing loans ahead of the ECB stress tests
- MRK US : Merck Gets Buyout Interest for Consumer Health Unit: Reuters
- OERL SW : Oerlikon has finance for more buys following Sulzer Metco acquisition
- OERL SW : Oerlikon could soon consider textiles machinery unit sale (CHF1.1b sale)
- ORA FP : Orange SA Discloses that on Jan 16th 800K customers had their personal data accessed by hackers
- PAH3 GY : Porsche, Piech Sued for EU1.8b by Hedge Funds Over Volkswagen
- RBS LN : RBS Said to Be Queried by BOE About Capital Position: Telegraph
- RDSA NA : Shell’s Australian Assets Draw Bids Over A$3b: AFR
- RNO FP : CEO Ghosn: Renault and Nissan will stay separate but continue to benefit from synergies
- RWE GY : RWE Seeks AGM Approval for Option to Raise Capital, DLF Reports
- SAGA : Goldman, Citi Said Working on Saga Group Ltd. IPO: LBO Wire Link
- SCHP VX : Schindler Considering Selling Hyundai Elevator Shrs, opposed to hyundai new shares sale plan
- SIE GY : Nine Delayed Siemens ICE Trains to Start Operating in 2016: Welt
- SNE US : Sony Corp Sony, Lenovo said to be in consider JV opportunities abroad , denied deal on Vaio unit
- GLE FP : to expand bond trading business in US & Asia, to add 150 people to this business
- TKA AV : Austria paves way for Slim Telekom Austria takeover
- TIT IM : Telecom Italia Shouldn’t Sell Tim Brazil, Fossati Tells MF
- UBIS LN : United Biscuits seeks to revitalise McVitie’s brand ahead of IPO (PAI & Blackstone sellers)
- UBSN VX : UBS to Cut Pension Plans for U.S. Citizens in Switzerland: NZZ
- VIE FP : Veolia Wins EU925M Contract From Novartis, Le Figaro Says ( water, waste & energy)
- VIV FP : Bouygues, Vivendi’s SFR to Share Part of Mobile Networks