Dow -0.74% S&P-0,84% Nasdaq-0.91% Russell-1.14% VIX 20.99 +23.3%
US Market Closed lower today. Eco events this week (policy meetings at the Federal Reserve and Bank of Japan) and Brexit next week continue to weight on sentiment. IMF Comments on China's corporate debt levels. Rebound in oil helped mkt to rebound from lows but it was short lived, WTI crude ended its day lower by 0.4% ($48.88/bbl; -$0.18), materials (-1.3%), technology (-1.1%), and industrials (-0.7%) showing the largest losses. AAPL -1.6% MSFT-2.5%, FB-2.3% on Citron Report. Volatilitu should continue to trade higher ahead of The Federal Reserve today and Wednesday while the Bank of Japan will meet June 15 and 16. Furthermore, voting in the "Brexit" referendum will conclude on June 23. Volume were in line with average at 813mil shares. US After Hours NXPI+1.6%, KMPH -32% after receiving a complete response letter from the FDA; RVNC -22% after trial misses primary endpoints, bidu-5.2% CUT q2 Rev, IMGN -11% on CB issue(23% of mkt cap). Asian equity markets continued to move lower, echoing decline in US indices. GBP/USD has fallen below $1.42 - nearly a 2-month low - with a thrust to the downside in today's session after the latest YouGov Times poll showing 39% voting in favor of remaining and 46% to leave. Sun newspaper became the first major publication with a recommendation of casting off EU - sentiment shared by long-time EU sceptic Ambrose Evans Pritchard.
Nikkei -1.21% Hang Seng -0.08% CSI +0.22% Shanghai +0.14%
Eur$ 1.1283 CNH 6.5980 CNY 6.5885 JPY 105.91 GBP 1.4163 CHF 0.9640 RUB 65.6915 WTI$ 48.42 -0.94%
S&P +0.02% EuroStoxx-0.80% Dax-0.73% SMI -0.85%
Macro :
- Buffett Seeks to Buy German Cos With ~EU50m Profit: Handelsblatt
- Four Polls Put U.K. on Course to Leave EU as ‘Sun’ Backs Brexit
- Renewed speculation that EU seen extending sanctions on Russia by another six months next week
Keep an eye on :
- ABG SM : Abengoa receives combined $350m offers for US ethanol facilities; seeks court approval for auctions-WSJ
- ADP FP : ADP Paris Airport Traffic Rises 1.4% in May to 8.55m Passengers
- AF FP : Air France Pilots to Decide on More Strikes in Coming Days: AFP
- AAPL US : Apple Opens Siri, Maps to Developers, Redesigns Music Service
- AAPL US : Apple Moves Toward Direct Competition With PayPal: Piper
- AVV LN : Schneider/Aveva Bid Doesn’t Say What Changed, Why Now, Citi Says
- CAST SS : Castellum to Invest Up to SEK10b in New Space Next 3 Years: DI
- BN FP : Danone Forecasts Higher Profitability This Year on Cost Control
- DBHN GY : Deutsche Bahn 1Q Profit Said to Fall by EU42m: Handelsblatt
- ERICB SS : Ericsson Said to Lay Off 3,000-4,000 Employees This Summer: SVD
- FER SM : *FERROVIAL: TALKS TO BUY PERU PIPELINE FOR EU2.4B: CONFIDENCIAL
- GAM SW : GAM Holding 1H Pretax Down 50% Due to Fall in Performance Fees
- GWI1 GY : Gerry Weber 2Q Revenue Beats, Ebitda Misses; Sticks to Outlook
- MEO GY : Karstadt Raises Sales Forecast for Year, Bild Reports
- NOVO DC : Novo Nordisk’s LEADER Data Solid, ‘Failed to Impress:’ Jefferies
- PFL LN : Datwyler Offers to Buy Premier Farnell for 165p Per Share
- PUB FP : Cheil Worldwide 030000.KR +3.1% (shareholder talks end)
- RCS IM : RCS public offer may receive improved public offer from Cairo Communication on 17 June - Milano Finanza
- SU FP : Schneider/Aveva Bid Doesn’t Say What Changed, Why Now, Citi Says
- GLE FP : SocGen’s Oudea Wants Basel Rules on Ecofin Agenda: Echos
- VCH SW : Charles Voegele to Apply for Judicial Reorganization in Belgium
- DG FP : Credit Agricole, Ardian to Buy Vinci’s 24.6% Stake in Indigo
- ZBH US : Zimmer Biomet Holders KKR, Goldman, TPG to Offer 11.1m Shares