US Market closed lower, crude continue to be weak even after an overnight rebound...WTI traded down to $55,50...All ten sectors finished the day in negative territory with heavily-weighted financials (-0.9%), health care (-0.9%), and consumer discretionary (-0.6%) keeping the market under pressure...Retailers continue to OP following energy weakness...volume were above average @ 940mil shares...VIX @ 20,42 -3,13%...US After Hours FCEL +6.5%, WG +1.8%, WHR +1.4%, PAY +0.3%, AXAS -2.7%, ELY -0.6%, KO -0.4%, ESRX -0.2% following earnings/guidance...Tokyo stocks are leading the decline once again as the reversal in overextended Yen weakness continues to highlight the general risk-off environment....China flash manufacturing PMI contracted for the first time in 7 months, even though employment decrease slowed and new export orders increased faster. Disinflationary factors were increasingly more apparent and weighed on the index, with output and input prices decreasing at a faster rate. HSBC economist said about as much, stating "rising disinflationary pressures, which fundamentally reflect weak demand, warrant further monetary easing in the coming months."...Russian Central Bank shocked the Ruble to a 10% spike after a surprise 650BPS rate hike to curb inflationary pressures from the weaker currency and prevent more outflows. USD/RUB fell as low as RUB60 in the Asian session after collapsing in the US hours, tracking the free-falling oil prices to mid $50's/brl...Nikkei -2.01% Hang Seng -1.28% Shanghai +1.28%...
Eur$ 1.2454 S&P +0.25% EuroStoxx +0.24% Dax +0.17% SMI -0.16%
Macro :
- HSBC China Dec. Flash Manufacturing PMI 49.5; Est. 49.8
- Russia Increases Key Rate Most Since 1998 to Stem Ruble Rout
- Sydney Siege Ends in Shootout With Gunman, 2 Hostages Killed
Keep an eye on :
- AF FP : Air France Refuses ADP’s Planned 2015 Tariff Increase: Echos
- ALV GY : German Life Insurers May Suffer Amid Low Interest: Handelsblatt
- BT/A LN : BT Enters Exclusive Talks With EE Over GBP12.5b Acquisition
- CGG FP : CGG CEO Tells Figaro Co. May Sell Assets to Reduce Debt (full article in ur inbox)
- CABK SM : CaixaBank Raises Erste Stake to 9.9%, Renews Strategic Accord
- DL NA : Delta Lloyd Agrees to Sell Belgian Banking Business for EU219m
- ILD FP : Free Is Among Candidates to Buy Outremer Mobile Unit: Echos
- IIA AV : Immofinanz 2Q 2014/15 Expected to Bring Positive Earnings
- DEC FP : JCDecaux to Buy Continental Outdoor to Expand in Africa
- MC FP : LVMH Moët Said to Sign Deal for Bond Movie ‘Spectre’: NYT
- NOK1V FH : Nokia may sell its India plant at Sriperumbudur in parts; Hilco appointed to conduct due diligence
- NUO NA : Nutreco Says Cargill Due Diligence Request Should Be Reasonable
- PUM GY : Puma Owner Said to Have Explored Sale to Middle Eastern Funds
- REP SM : Repsol to Buy Talisman Energy for $8 Per Common Share in Cash
- ROG VX : Roche Begins Sale of PCR Molecular Diagnostic System
- AM3D GY : SLM Receives eight orders during Euromold 3D printing fair (ask for more details if interested in 3D Printing)
- STAN LN : StanChart to Sell Consumer Finance Units to China Travel, Pepper
- TIT IM : Oi Open to Discuss Merger With Tim If Proposal Made: Sole
- DG FP : France Motorways Owners May Meet With Hollande Soon: Reuters
- VOD LN : Vodafone Gets Loan From Canada Agency to Buy BlackBerry Gear