US MArket closed lower, small caps leading the move, Tech started the day on positive trend helped by GOOG split(2:1),
Discretionary was a notable laggard, Energy managed to hold all day...volume were below average @ 647mil shares... VIX @ 13.37 +2.14%...Big eco data today, NFP, Unemployment rate...will be the focus today...AA reporting on Tue. after the close...and JPM next Fri....Asian Market are holding ahead of US data today...National Banking Regulatory Commission (CBRC) requested that banks better manage their NPL ratios. The call comes on the heels of a large increase in bad loans unveiled by China's top-5 lenders in 2013. Separately, we've seen some chatter of a
denial of press reports that China city of Changshain Hunan Province may scale back on the home purchasing curb measures. Recall that report earlier this week led to some rather impressive gains among the Chinese property names...Nikkei -0.10%...HS-0.26%...Shanghai+0.35%
Eur$ 1.3706 S&P Fut+0.16% European Fut +0.23%
Macro
- Italy PM Padoan: 2014 GDP growth seen at 0.8% with deficit to GDP ratio at 2.6%
Keep an eye on :
- AB1 GY : Air Berlin-Etihad relationship under examination by European Commission
- ADEN VX : BlackRock discloses participation in Adecco above 5%
- AIR FP : Delta May Buy Up to 50 New Widebody Jets: WSJ
- BARC LN : Barclays explores potential sale of its business in Spain
- BLT LN : BHP Says Coal Price Drop Squeezing Everyone, Sees More Cost Cuts, Secures Tax Breaks for Mooted Asset Spin-Off, AFR Says
- BMPS IM : Monte Paschi Foundation Says It Sold Further Shrs In Recent Days
- BP IM : BlackRock Owned 6.9% of Banco Popolare as of March 31: Consob
- CRST LN : Crest Nicholson shares gain on talk of takeover interest from Barratt and Persimmon- Daily Mail
- OLE SM : Deoleo gets offers from CVC, PAI Partners, Carlyle, Rhone and IQ
- EIT IM : Mediaser selling 25% of EI Towers, Shrs Offered at EU40.15 to Mkt in Placing
- FRE GY : Fresenius Medical Care Sees $300 Mln Savings Run Rate by 2017, see $3b M&A spending through 2020
- GSZ FP : GDF Suez Refinances EU5b of Loans In Accord With 25 Banks
- JLH LN : John Lewis Weekly Sales Fall 3.4% to GBP211.3m
- MEDAA SS : Mylan weighs move for Swedish rival Meda - WSJ/FT
- POP SM : Popular Close to Buying Citi Spain Retail Bank Unit: Expansion
- RCO FP : Brown-Forman Using Advisers to Consider Remy Bid: Betaville
- RDSA NA : Shell faces probe over Alaska rig accident - FT
- ROG VX : UK Agency Reverses Ruling on Roche’s Tarceva: Reuters Link
- SAABB SS : Saab CEO Buskhe Says Interest in Gripen Jet Never Been Bigger, Sweden Seeks More Gripen Jets Amid Russia Concern, TT Reports
- SAB SM : Sabadell plans to spin off Solvia by the end of 2015; could offer up to 20% stake to a partner
- SU FP : Schneider Electric in Talks With Carlyle, PAI Over Sensor Unit
- TNTE NA : CFO Rsigned
- VIV FP : Vivendi Free to Choose Its Preferred SFR Bid, board autonmous, CDC’s Jouyet Says
- VIV FP : French CDC's Jouyet Says Supported Bouygues Bid for SFR
- WPP LN : WPP CEO Sees 15% of Revenue Coming From Latin America: Reuters