US Market closed lower with S&P biggest looser, Russell managed to limit the move.All ten sectors ended lower with energy (-2.9%) registering the biggest decline. Once again, the growth-sensitive group lagged from the start with crude oil contributing to the weakness. Interestingly, the sector slid to new lows into the close while crude climbed to narrow its decline to 0.2% at $85.67/bbl. Financials tried to show some strenght ahead of earning release of C, JPM & WFC before the Bell today. Industrials & Trasnport settle lower on Ebola fears...Air Emirates Episode at LOgan Airport, didn't help the market on the last hour...VIX @ 24.64 +16% (highest levels since mid 2012)...Bond market was closed for Columbus day,volume on equities were above average @ 880mil shares...A VOX poll out of Brazil showed incumbent Rousseff with a marginal 45% to 44% lead over pro-business Neves. Recall yesterday, a sensus poll by Istoe saw Neves widening his lead to 52-37%, helping EWZ to a 5.6% gain in Monday's US session...China is modestly higher, as traders cheer another de facto easing by the PBoC. For the 3rd time in the last 2 months, PBoC lowered the offering yield on its 14-day repo operations by 10bps to 3.4%. Lending data for September is also on the radar, with press speculation the new Yuan loans could rise from CNY702B in Aug to CNY720-800B...Airlines tradin lower in Japan 9201 -5.1% 9202 -5.2% but IATA said few minutes ago that Ebola unlikely to make impact on Glbal Air Traffic...OZ Minerals Ltd OZL.AU +8.2% (Q3 production results); Mount Gibson Iron MGX.AU +10.7% (Q1 operating results)
Eur$ 1.2720 S&P +0.48% EuroStoxx -0.47% Dax -0.40% FTSE -0.46% SMI -0.44%
Macro
- China Sept. Retail Auto Sales Rise 8.7% on Year, PCA Says
- Portugal to Maintain Budget Deficit Goal, May Cut Taxes: Reuters
- French Highways Could Stop Works Plan to Protest Tax: Figaro
- China, Russia to Build Moscow-Kazan High-Speed Railway Link
Keep an eye on :
- ABI BB : AB InBev Brazilian Billionaires Transfer $388m of Stock Holding
- AFR LN : Afren Fires CEO, COO for Misconduct, Notifies FCA of Breaches
- AUTO SECTOR : Bet on European Automakers’ Potential Outperformance: Barclays {NSN NDE4J66S972E <go>}
- AZN LN : stock higher boosted by renew talks of Takeover
- BOSN SW : Bossard 3Q Sales Up 1.1% in Local FX, Unchanged in Swiss Francs
- ENEL IM : Enel to Reduce Minority Investor Buyouts in New Plan: Reuters
- ENEL IM : Italy to Speed Up Plan on Sale of Enel Stake, Sole Reports
- OGZD LI : *GAZPROM 2Q NET 228B RUBLES; ANALYST EST. 266B RUBLES
- GEBN VX : Geberit Offers SEK97 in Cash Per Sanitec Share
- G1A GY : GEA Seeking Deals in Personal Care and Pet Food Industries: CFO
- ILD FP : Iliad Says It Has Dropped Plan to Buy T-Mobile US
- LEO GY : Leoni Lowers Forecast 2014 Due to Exceptional Charges in 3Q
- LUX IM : Luxottica’s Del Vecchio Settles Tax Dispute for EU146m: Corriere
- MHG NO : Marine Harvest 3Q Harvest Volume 107,000t Vs 106,000t Guidance
- SAN FP : Sanofi Starts Phase 3 of Rotavirus Vaccine Trial in India
- SNTC SS : Geberit Offers SEK97 in Cash Per Sanitec Share
- TSCO LN : Tesco Said to Draw Up List of Possible Chairman Successors: Sky
- VOW3 GY : Volkswagen Group China 9-Month Sales Rise to 2.7m Units