US Market closed slightly lower, small cap leaded the move on the downside (Russel 2k -0,7%), US followed European market after disap data, Eurozone ZEW Economic Sentiment plunged to 23.7 from 48.1 (expected 41.3), while Germany's ZEW Economic Sentiment dropped to 8.6 from 27.1 (consensus 18.2). volume were low @ 531mil shares,even with weaker mrket we didn't see any rush on VIX, VIX @ 14,13 -0,7%...After Hours: COVR +12.9%, RWC +8.6%, OPWR +6.9%, LXFT -27.7%, KING -20.7% (Lower numbers), QNST -9.8%, FOSL -2.2% following earnings/guidance..Initial estimate of Japan Q2 GDP saw the economy contract by the biggest margin since the great earthquake over 3 years ago, but was still not as bad as expected despite JCER warning real-terms contraction would be bigger than estimated last month. BOJ released the minutes of mid-July meeting, stating it would examine risks and modify policies if necessary. China posted a surprising slump in July lending activity, prompting analyst speculation of a possible easing by the PBoC. Nikkei +0,20% Hang Seng -0,23% Shanghai -0,59%
Eur$ 1.3364 S&P +0,09% FTSE +0,20% EuroStoxx +0,53% Dax +0,53% SMI+0,15%
Macro
- Japan 2Q Annualized GDP Falls 6.8% Q/q; Est. -7%
- Weidmann Says Sticking More Or Less to German Economic Forecast
- China July Industrial Output Rises 9.0%, Est. 9.2%
Keep an eye on :
- ABG/P SM : Abengoa 1H Net Rises 2% on Yr to EU69m
- AIR FP : Airbus Unit Has Trouble Making Airplane Doors: Handelsblatt
- NDA GY : Aurubis Says Resumed Positive Development in 3Q, Repeats Outlook
- BBY LN : Carillion is in no position to launch a hostile takeover for Balfour Beatty, CEO
- BES PL : Eurofin May Have Been Key in Espirito Santo Demise: WSJ Link
- CWI AV : Conwert Sees EU22m-EU24m 1H Loss Due to One-Time Charges
- CON SW : Conzzeta 1H Revenue, Profit Rises; Sees Similar 2H Results
- CRBN NA : Corbion 2Q Ebitda Ex-Items Drops 2.9%; Sees Similar Markets 2H
- ANN GY : Deutsche Annington May Want to Form Bank, CEO Tells Handelsblatt
- DB1 GY : Deutsche Boerse Outlook to Stable From Negative by S&P
- DEQ GY : Deutsche Euroshop 1H Consolidated Profit Up 23% to EU46.3M
- EOAN GY : EON 1H Underyling Net Income Beats Ests.; Confirms 2014 Outlook, Sees Generation Unit Yr Ebitda Up Significantly Y/y
- FLUX BB : Fluxys Seeks Bigger Stake in Dunkirk LNG Terminal, De Tijd Says
- GFK GY : GFK 1H Cons. Total Income Declines 19%, Sales Down 4%
- GFJ GY : Gagfah 1H Recurring FFO Up 95%; Lifts 2014 Div. Target, Outlook
- HDD GY : Heidelberger Druck Narrows 1Q Loss, Confirms Forecast
- MC FP : LVMH’s PE Unit May Invest in YG Entertainment of S. Korea: Maeil
- MGN GY : Mologen Confirms 2014 Outlook
- OMV AV : OMV CEO Seeks to Break Up Gas Division, Fire Floren, Presse Says
- PRADA (1913 HK) : Prada Downgraded as Innovation From Zara-Like Model Wanes: HSBC
- RWE GY : RWE to Sell And Lease Back Essen Headquarters, Handelsblatt Says
- SCHP VX : Schindler 1H Net CHF371M as Sales, Orders Gain
- SN/ LN : could be a target for stryker, 20% premium would make sens
- STCBV FH : Stockmann Posts Surprise 2Q Loss on Weak Russia, Finland Markets
- STMN SW : Straumann Buys About 12% of RODO Medical's Shares
- SLHN VX : Swiss Life 1H Net Beats; Buys Corpus Sireo For EU210m
- SZG GY : Salzgitter Posts 2Q Pretax Profit, Confirms 2014 Forecasts
- TLM CN : Talisman Energy to begin sale of Kurdish assets
- TKA AV : Telekom Austria 2Q Ebitda Misses Ests., Cuts Revenue Forecast
- WDI GY : Wirecard Sees Business to Develop `Strongly` in 2H, Whole 2014
