US Market closed Higher , with all sxectors in +ve territory, Escalation in Ukraine put pressure on the market during the day, but no real confirmation of real casulaties, rally in the US come after report from Nikkei suggesting sources think Japan will lower its economic outlook in its upcoming April 17 report, and so some specualtion of QE Coming from Japan, volume were above average @ 771mil shares...VIX @ 15.61 -3.10%...Strong earnings from Yahoo and Intel could further help to stall the tech sector meltdown observed in the Nasdaq in recent weeks. Yahoo Q1 was in line with estimates, but shares were up over 5% afterhours as Alibaba grew its revenues by over 65% y/y above $3B. Intel results were also in line with consensus but up in extended session. The company raised its gross margin guidance for FY14 and noted pockets of strength in the PC segment, particularly in enterprise and in the emerging markets...- China released a raft of economic data that were dominated by a slightly better than expected Q1 GDP figures, Industrial production was a bit lower than expected, but retail sales topped estimates. China stats bureau noted consumption a decisive contributor to Q1 GDP growth.
Eur$ 1.3829 S&P Fut+0.52% European Futures +1.48%
Macro
- China’s Economy Grew 7.4% in 1Q Y/y; Est. 7.3%
- *U.S. SERIOUSLY CONSIDERING GROUND FORCES IN POLAND: SIKORSKI
Keep an eye on :
- ASML NA : ASML Cuts 1H Sales Forecast on Logic Order Slowdown
- SPR GY : Axel Springer Afraid of Google Creating ’Supra State,’ FAZ Says
- BLT LN : BHP to Cut Targeted Spending on Potash This Fiscal Year By 25%
- BRBY LN : Burberry 2H Rev. Meets Ests.
- BN FP : Danone 1Q LFL Sales In Line With Ests., Confirms 2014 Forecast
- CRG IM : Carige EU800m Capital Increase to Start in June, CEO Tells Sole
- CSGN VX : Credit Suisse 1Q Net Income Misses Estimates, 1Q Strategic ROE 14%, Reported ROE 8%
- EDF FP : EDF Shows Interest in Buying Greece’s Public Power: Le Figaro
- FGR FP : Eiffage CEO Berger Says Still in Crisis Period: Les Echos
- GEA GR : GEA Group 1Q Sales Rise, Orders Drop; Confirms 2014 Forecast, GEA Sells Heat Exchangers Unit Valued About EU1.3b to Triton, to Use Heat Exchanger Unit Sale Proceeds for Takeovers
- GLEN LN : Glencore Xstrata to Buy Stake in Perkoa Project for $12m
- HOT GY : Hotchief increases satke in Leighton to 60%
- MIT IM : Bonomi May Buy 15.3% Stake in Mittel From Tassara, Sole Reports
- NHH SM : NH Hoteles to Acquire Intesa Sanpaolo Stake in NH Italia Unit
- NXT FP : Euronext Listing Attracts BNP, SocGen Among Holders: Reuters
- RB/ LN : Reckitt Benckiser 1Q LFL Growth Ex-RBP +4%, Matches Estimate
- SBUX US : Starbucks to Move Europe HQ From Netherlands to U.K.: Times Link
- SYNN VX : Syngenta 1Q Sales Match Est., On Track for Sales Growth Target,Says Solid Start to Yr Despite N. America Weather
- TCH FP : Technicolor to Name Didier Lombard as Chairman: Le Figaro
- TEC FP : Technip, Heerema Win Total E&P Angola Contract Worth ~$3.5b
- TSCO LN : Tesco FY Trading Profit Beats Ests.
- ZIGGO NA : Ziggo Says 1Q Was Solid Start to Year; Reiterates 2014 Outlook, 1Q Growth In Internet, B2B; Churn Continues to Drop