>>> What to look at today - 13th of January

Dow-0,54% S&P-0,81% Nasdaq-0,84% Russell-0,47%
US Market start second week of the year on a weak note, S&P was not able to retest its 50d MA, the energy sector (-2.8%) was the weakest performer with crude oil contributing to the pressure after Goldman Sachs lowered its short-term forecast for the commodity. WTI crude ended the pit session on its low, down 4.9% at $46.07/bbl. Tech Stocks were also underpressure with all big names closing lower...Cybersecurity was the only pocket of relative strenght after Pres. Obama commnets (FEYE +4,8%), countercyclical consumer staples (-0.3%) and utilities (-0.3%) outperformed while the telecom services sector (+0.6%) spent the day in the green...volume were in line with average with 760mil shares traded...US After Hours : Higher :HEAR +11.9%, XENT +10.9%, PCYC +10.7%, BEBE +7.7%, SNX +5.4%, HXL +4.1%, TLYS +3.4%, CNV +2.4%, AA +1.2%...Lower : ECOM -28%, BGFV -8.3%, WWW -7.9%, LMNR -4.6%, GG -0.5%, VMI -0.2%...China released December trade balance today at a surplus of $49.6B, slightly higher than consensus of $49.0B surplus. China December adjusted exports grew at 6.6% y/y, while adjusted imports shrank 6.2% y/y. Overall in 2014, China's trade growth was at 3.4% y/y, missed official target of 7.5%. China Customs Bureau official said weak 2014 trade growth due to slow global recovery, also forecasted 2015 trade growth to be higher than 2014.Japan released November adjusted current account figure at surplus of ¥915B, beating consensus of ¥693B, also marked 7th consecutive surplus.
Nikkei -0.64% Hang Seng +0.47% Shanghai -0.33%

RUB $63.88 RUB €75.88 WTI $45 (-2.32% traded down to 44.88) Brent $46.11 (-2.78% traded down to 46.08)

Eur$1.1832 S&P 2024.5 +0.11% EuroStoxx -0.23% Dax -0.07% SMI -0.11%

Macro :
- Italy President Napolitano to Resign Tomorrow, Corriere Says
- Fed's Williams says June rate rise is 'reasonable'; notes wage and price data are still soft
- China’s Dec. Exports Rise 9.9% Y/y in Yuan Value
- Catalonia to Request EU6.3B From Central Government: Expansion

Keep an eye on :
- ABI BB : AB InBev Strategy Chief Van Biesbroeck Nets EU7.76m With Options
- AENA IPO : Spain Airport Operator Aena to Hold IPO on Feb 11: Expansion
- AGR AV : Agrana 3Q Net Income EU19.5m vs EU31.4m; Sees FY Ebit Falling
- ALT FP : Altran Targets 2020 Rev. of EU3b: La Lettre de L’Expansion
- SAN SM : Santander draws EUR 500m investment from Soros 
- BELL SW : Bell 2014 Rev. in Line With Est.
- BC IM : Brunello Cucinelli 2014 Net Rev. Rises 10% to EU355.8m
- DAI GY : Daimler CEO Sees 4% Increase of 2015 Global Car Market
- GEBN VX : Geberit Says FY Sales Rise 4.9%, 4Q Sales Growth 1.9%
- KER FP : Kering Completes Gucci Eyewear Partnership Agreement With Safilo
- LISP SW : Lindt 2014 Sales Beat Ests, Sees Ebit Margin Growth in Target
- MEO3 GY : Metro 1Q Sales In Line With Ests., LFL Sales Up 2.1%
- PTC PL : PT Shareholders Approve Suspending Meeting for 10 Days: Union
- PTC PL : Portugal Telecom Shares to Resume Trading, CMVM Says
- ROG VX : Roche Licenses Beta-Lactamase Inhibitor to Meiji, Fedora
- SAF FP : Safran Invests $130m in Carbon Disk Plant in Malaysia
- SAN FP : Sanofi CFO Contamine Says M&A Targets Remain Expensive
- SBO AV : Schoeller-Bleckmann 2014 Prelim. Rev. EU488m vs Est. EU479m
- SN/ LN : Smith & Nephew CEO says Sanofi Job ‘Not on the Agenda’, CEO Doesn’t Believe Big is Beautiful
- SPM IM : Italy Market Watchdog Bans Short Sale on Saipem Tomorrow
- SZU GY : Suedzucker 3Q Sales In Line With Ests., Confirms FY Forecast
- TEMN SW : Temenos 4Q Licensing ‘Very Disappointing‘, Own to Weak Sales
- TIT IM : Telecom Italia CEO to Meet With Brazil Minister Berzoini: Sole
- TKA AV : Telekom Austria Says Interest in Telekom Srbija ‘Very Limited’
- TLW LN : Tullow Oil to Cut Jobs by End of 1Q, Telegraph Says
- UCB BB : UCB Appoints Ismail Kola as Chief Scientific Officer
- VOW3 GY : Lamborghini CEO Says ‘Good Premises’ for 2015 After Record Year