Dow-1.21% S&P-0.96% Nasdaq-1.02% Russell-1.25%
US MArket closed lower pushed by weaker ern and guidance in the retail sector and consumer sector ahead of key US Retail Sales report tomorrow. WTI crude ended its pit session higher by 3.4% at $46.20/bbl. helped by inventories. IBB -3%, S&P Retail ETF -4.4%, Macy's -15.2% FOSL -29.1%, Kohl's & Nordstrom UP ahead of numbers. Volume were in line with average @ 922mil shares. US After Hours LINE -58%, LNCO -54% after filing Chapter 11; GST -10% on common share offering news. Asian equity markets are tracking the selling on Wall St, Despite the bounce in crude oil, markets in Australia are underperforming, with shares of AMP particularly soft after Q1 update. In Japan, shares of Toyota are down 2% after a 6% decline in US ADRs following FY15 results and FY16 outlook where the automaker cut op profit forecast by over 30%. Nissan is down 1.6% after press speculation that it could take a 30% stake in Mitsubishi Motors, whose shares are halted. BOJ Gov Kuroda said Japan economy continues moderate recovery trend, adding that large downside risks to Japan economy and external uncertainties pose large risks. Kuroda also reiterated that low oil prices and fx factors contributed to soft inflation conditions.
Nikkei +0.29% Hang Seng -0.40% CSI +0.24% Shanghai -0.14%
Eur$ 1.1419 CNH 6.5341 CNY 6.5044 GBP 1.4434 CHF0.9715 RUB64.8629 WTI$46.15 (-0.19%)
S&P +0.21% EuroStoxx-0.10% Dax-0.10% SMI-0.05%
Macro :
- China Fund’s Zhang Criticizes Hedge Funds for Shorting Yuan
- BoJ’s Kuroda Says Rates Can Technically Go as Low as ECB
- EU Prepares Sanctions for Spain Over Deficit Miss: Economista
Keep an eye on :
- ANA SM : Acciona 1Q Ebitda EU277m; Ebitda EU278m
- ADS GY : Adidas Raises 2016 Net Outlook, Ends Chelsea Partnership Early
- AB1 GY : Air Berlin 1Q Operating Loss Widens as Revenue Declines
- AGN NA : Aegon 1Q Underlying Pretax Rises 7%, Net Drops 50%; ROE Up Y/y
- AKA FP : Akka 1Q Rev. Rises to EU268m, Helped by Strong French Growth
- AREVA FP : Former Areva CEO to Be Quizzed by Investigative Judges Friday
- AR4 GY : Aurelius 1Q Sales Rise 58%, Op. Ebitda Down 8%
- BYW6 GY : Baywa 1Q Revenue Rise 0.5%, Ebit Loss, Net Loss Widen
- BC IM : Cucinelli 1Q Rev. In Line, Sees Double-Digit 2016 Sales Growth
- BCART BB : Biocartis Affirms 2016 Outlook to Add 150-175 Idylla Instruments
- CNV US : Casino to Bid $5.50 Per Outstanding Cnova Share - Closed @ $3.40, ie 61.8% premium vs yest close
- CO FP : Casino to Bid $5.50 Per Outstanding Cnova Share
- CON GY : Hankook (161390) Tire choosed by Tesla as manin supplier +3.3%
- ACA FP : Credit Agricole 1Q Net Beats; Large Customers Unit Net EU163m
- DIA SM : Dia 1Q Adj. Ebitda In Line, Expects to Increase Ebitda in 2016
- DIC GY : DIC Asset 1Q Operating Profit Rises 20%; Keeps FY Targets
- DRI GY : Drillisch Posts Growth in Subscribers, Revenue; Ebitda Up 38%
- DSV DC : DSV 1Q Operating Profit Beats Estimates; Outlook Maintained
- DUE GY : Duerr 1Q Ebit, Revenue Beat Estimates; FY Forecast Confirmed
- EDL FP : Euro Disney 1H Net Loss EU183.8m Vs Loss EU118.8m 1H 2015
- EMGS NO : Electromagnetic Geoservices Net Loss Widens as Sales Drop
- RF FP : Eurazeo NAV Drops, Rev. Up 8.2%; No Plans for Farfetch IPO
- ENX FP : Euronext 1Q Net Income Beats Estimates, Revenue in Line
- EVS BB : EVS Broadcast Sees 2016 Rev. EU120m-EU140m; 1Q Rev. Misses Ests.
- G IM : Generali Hires Axa Italy Chief, COO Departs Amid Reorganization
- G IM : Generali 1Q Net Misses Estimate; Combined Ratio 92%
- GLEN LN : Glencore Has Good News for Metal Bulls Doubting 2016 Rally
- GSF NO : Grieg Seafood 1Q Ebit Before Fair Value Adj. of Biomass NOK214m
- GOOGL NA : Google Faces New Scrutiny From FTC: Politico
- KBC BB : KBC 1Q Net Tops Ests. on Loan Losses; Net Interest Margin Widens
- LHN VX : LafargeHolcim 1Q Ebitda Below, Says All 2016 Targets on Track
- LNZ AV : Lenzing 1Q Rev, Profit Rise; Still Sees 2016 Earnings Increase
- MRL SM : Merlin 1Q Ebitda EU67M vs EU29.7M a Year Earlier
- ML FP : Hankook (161390) Tire choosed by Tesla as manin supplier +3.3%
- MGN GY : Mologen Year Forecast Unchanged, Pipeline Review Results at AGM
- RNO FP : Nissan -1.6% ahead of numbers and on spec of Nissan will buy a 30% stake in Mistubishi
- RHM GY : Rheinmetall 1Q Rev, Ebit Miss Ests; Reiterates FY Forecast
- RWE GY : RWE 1Q Adjusted Net Income Beats Estimates, Confirms Forecast
- RWE GY : RWE Hedges More 2-Yr-Ahead German Coal, Nuclear Output in 1Q
- SAHN SW : Schaffner 1H Loss CHF0.3M vs CHF1.9m Y/y
- SGL GY : SGL Carbon 1Q Sales Below Estimate; Guidance for 2016 Confirmed
- SKAB SS : Skanska 1Q Sales, Op. Profit Beat Estimates
- SLHN VX : Swiss Life 1Q Premium Income Declines; Fee Income Rises
- SAZ GY : Stada 1Q Adjusted Net Beats Estimates; 2016 Outlook Confirmed
- SAX GY : Stroeer Swings to Profit in 1Q, Reiterates 2016 Outlook
- S92 GY : SMA Solar 1Q Sales Beat Estimate, Confirms Year Forecast
- SRG IM : Snam 1Q Ebitda, Revenue Miss Ests.; Sees 2016 ‘Broadly Stable’
- SYNN VX : Syngenta Launches New Biological Seed Treatment
- TOD IM : Tod’s 1Q Total Sales, Constant FX Sales Growth Misses Ests.
- UCG IM : UniCredit’s Sale of Ukrsotsbank to Conclude in 3Q, Vivaldi Says
- VIV FP : Vivendi 1Q Rev. Misses Est.; Unfavorable Tax Effect Hits Net, Yannick Bollore Co-Opted to Supervisory Board
- VNA GY : Vonovia 1Q FFO I, Profit Jump; 2016 FFO I Forecast Raised
- VOW3 GY : Lower-Saxony President Backs Discharge of VW Managers: HB
- VOw3 GY : VW Works Council Says Bonuses Should Be Part of Wage Talks: Bild
- ZURN VX : Zurich Insurance 1Q Net Income Beats; Combined Ratio Rises Y/y