Dow-0,53% S&P-0,42% Nasdaq-0,39% Russell-0,80% VIX +7,29% @ 18,55
US Market started the week on sleepy note, Greece & concerns on Eurozone following A.Tsipras comments reiterating to push against austerity measures, Athens General -4,8%, Greek 10Y @ 10,75% +64bps...Nine sectors registered losses with countercyclical health care (-1.1%) and utilities (-0.9%) ending at the bottom of the leaderboard. The utilities sector widened its February loss to 4.6% while health care lagged even as biotechnology names displayed intraday strength....the energy sector surrendered the bulk of its intraday gain during the final hour, but still ended ahead of others with crude oil underpinning the relative strength. The energy component gained 2.6% and finished the pit session at $52.99/bbl. On a related note, the Baltic Dry Index fell to a new all-time low, sliding below its worst level from August 1986...US After Hours ARO +21.2%, AMKR +12.1%, URBN +6.6%, COUP -28%, CSC -7.9%, GPS -0.8% following earnings/guidance...Renewed uncertainty regarding the impact of a potential Grexit has wounded risk-on sentiment, translating into losses in the Asia region Indices. Shanghai Composite is the standout performer, but only because a 5-year low in CPI and the biggest drop since 2009 in PPI has further stoked expectations of continued easing by the PBoC. China Stats Bureau noted the decline in CPI is mainly due to lower food prices, however food CPI y/y was still up 1.1%, while non-food was up a meager 0.6%...a Nikkei report projected the govt would likely miss its goal of 2020 budget surplus, noting that even under the most favorable scenario of nominal GDP of 3% and real growth in 2% range, along with expected consumption tax hike in 2017, budget deficit would hit ¥9.4T.
Nikkei +0.60% Shanghai -0.07% Hang Seng -0.33%
RUB $65.32 WTI $52.11 () EURCHF 1.0466-1.42%
Eur$ 1.1330 S&P +0.10% EuroStoxx Unch. Dax +0.02% SMI +0.09%
Macro :
- China Jan. Auto Sales Rise 10.4% on Year
- China Jan. Consumer Prices Rise 0.8% Y/y; Est. 1% Gain
Keep an eye on :
- ABG SM : Abengoa Sees 2015 Ebitda in EU1.4b-EU1.45b Range
- AENA SM : Aena IPO Price Set at EU58/Shr, Top of Range, El Pais Says
- AENA SM : TCI to Hold 6.5% of Aena After IPO, Expansion Reports
- BP IM : Banco Popolare may merge with BPER and another listed bank (Creval or B.Pop. di Sondrio) -Milano Finanza daily edition
- BMW GY : BMW Plans to Create 5,000 Jobs in Germany This Year: Merkur
- BOSS GY : Permira Plans to Sell 10.4% Hugo Boss Stake in Listing (7,35m shares)
- CRF IM : Banca Marche sees Fonspa team up with Elliot in takeover bid - Il Messagero
- DAI GY : Daimler Targets 2015 China Sales of 300,000 Units: Troska
- DELB BB : Delhaize Trims Belgian Job Cuts to 1,800 in Union Pact: De Tijd
- DRX LN : Drax rumoured to be eyed for 550p-per-share bid by GDF Suez or RWE - the Times
- ECONB BB : Econocom Buys 45% Stake in Helis
- GTO NA : Gemalto Agrees to Buy Trueb’s Secure Document Business
- GLJ GY : Grenkeleasing 2014 Net Profit Up 41%; Div. Misses BDVD Forecast
- HEI GY : HeidelbergCement 4Q Sales Rise
- HSBA LN : HSBC Faces U.K. Parliament Probe Into Secret Swiss Accounts
- ITX SM : Cotton Jumps to 3mthd high on lower forecsr for US plantings
- KRA1V FH : Kemira 4Q Ebitda Exceeds Ests., EPS Misses; Keeps Dividend
- MB IM : Mediobanca 2Q Net Income EU100.6m, Estimate EU95m
- MEO GY : Metro 1Q Ebit Ex-Items In Line With Ests., Confirms FY Outlook
- ML FP : Michelin 2014 Profit Misses Est.; Targets Higher 2015 Income
- QSC GY : QSC CEO Says He Made Mistakes, May Cut Jobs: Boersen-Zeitung
- SAABB SS : Saab 4Q Net of SEK579m Tops Est. SEK528m From 4 Analysts
- TIT IM : Blarock boosts telecom italia stake to 6%
- TSCO LN : Tesco Said to Eye Majority Stake Sale of Dunnhumby Unit: Reuters
- TUI1 GY :TUI 1Q Underlying Ebita Loss Narrows, Confirms Outlook
- UBSN VX : UBS 4Q Net Income CHF963m; Dividend Plan Misses BDVD Forecast