Dow+0.22% S&P+0.17 Nasdaq+0.11 Russell+0.16% VIX 12.85 V2X 23.63
US Market closed slightly higher, Mkt open high butwas knocked back into the middle of its range after it was reported that International Monetary Fund representatives left Brussels for Washington due to insufficient progress between Greece and the creditors. Furthermore, IMF spokesman Gerry Rice stressed the continued presence of major differences, saying, "We are well away from an agreement.". Seven of ten sectors registered gains while consumer staples (-0.1%) and energy (-0.4%) spent the day in the red. In addition, technology (-0.1%) turned negative during the afternoon. energy sector struggled as crude oil fell 1.0% to $60.74/bb...Pressure on Tech prevent mkt to finsih on highs of the day...10Y helped financials to OP...Volume were in line with 770mil shares...US After Hours OCLS +5.8%, CHKE +3.9%, KFY +2.6%, LF -15.9%, XONE -9.8%, BOJA -1.3% following earnings/guidance...Asia markets are mixed in a quiet trading session heading into the weekend. Shanghai Comp and Hang Seng are leading the regional indices higher, as investors continued to process the latest set of economic data released overnight. Among USD majors, USD/JPY pared some of its initial gains, retreating below ¥123.60 on comments from BOJ's Harada who said the central bank could hold off on expanding stimulus even if inflation does not hit 2% target as long as price trends are improving.
Nikkei -0.02% Hang Seng +0.55% Shanghai +0.97%
Eur$ 1.1236 JPY 123.44 GBP 1.5511 EURCHF 1.0494 RUB $54.5252 WTI $60.36 ( -0.67%)
S&P -0.08% EuroStoxx -0.11% Dax -0.19% SMI -0.11%
Macro :
- EU Officials Said to Demand Greece Present Plan Immediately
Keep an eye on :
- AIR FP : Airbus Puts on Hold Test of A320 Neo With Pratt Engines: Echos
- ALO FP : GE-Alstom May Have to Sell HDGT Assets in EU to Complete Deal (GS note attached)
- CBK GY : Commerzbank CEO Sees German Branch Numbers Falling: Rheinische
- DBK GY :Deutsche Bank Raid Targeted Nummus Financial Deals: Handelsblatt
- DTE GY : German Mobile Spectrum Auction Reaches EU3.4b After 123th Round
- DTE GY : TMUS +4.1% (WSJ reporting Dish (DISH) is looking to raise $10-15 bln to fund a bid to acquire the company)
- GSK LN : Glaxo’s Severe Asthma Drug Wins FDA Panel’s Backing for Adults
- LBTYA US : Liberty Global Mulls Purchase of Ireland’s TV3, Irish Times Says
- LHA GY : Doctors Felt Germanwings Co-Pilot Not Fit to Fly: AP
- MOBB BB : Mobistar Gets EU420m Debt Facility From Parent Orange for 5 Yrs
- NESN VX : Court Rejects Nestle’s KitKat Shape Protection Case: FT
- NOVN VX : Novartis Gets FDA Approval for Promacta Blood-Disorder Treatment
- PNL NA : PostNL to Give Some Independent Staff Fixed Contract: Volkskrant
- SGO FP : Bpifrance to Buy 10% of Verallia Later This Year: Les Echos
- SCVB SS : Scania Saw Strong Europe Demand in April, May: Dagens Industri
- SIK VX : Sika Receives Challenge to Plan to Hold EGM
- TSCO LN : Tesco Plans to Sell South Korean Unit by End-Year: MoneyToday
- VIV FP : Vivendi Hedges Remaining 5.7% Stake in Activision Blizzard
- ZC FP : Zodiac Aero May Not Meet Target for Oper Income Close to Last Yr