US Market closed near the flat line, market is on wait mode in front of Wednesday's FOMC meeting...volume was light at 591mil shares, not a single sector that ended the day up, or down, more than 1.0%...VIX @ 12,65 +3,86%...Aussie dollar moved sharply lower on the release of RBA policy meeting minutes from earlier this month that were widely deemed more dovish than expected - AUD/USD and AUD/JPY fell over 30pips to $0.9360 and ¥95.40 respectively...Woodside (WPL AU) were halted on news of Shell will cut its satke from 23% to 4.5% for about $5b, woodside will buy half of these shares...- Moody's comments noted China's sovereign credit profile is likely to withstand rebalancing challenges, and that its Aa3 rating and stable outlook are underpinned by its macroeconomic strengths as well as by its fiscal and external cushions. Ratings agency did warn that the success of policy measures will be critical for China's ability to negotiate the challenges on the horizon
Eur$1.3560 Fut : S&P +0.13% Eurostoxx +0.12% FTSE +0.2% Dax+0.16% SMI +0.27%
Macro
- Fed Will Raise Rates Faster Than Investors Expect, Survey Shows
Keep an eye on :
- ALO FP : Alstom’s Board to Study Siemens-Mitsubishi Offer in Coming Days
- ALO FP : GE Says It Won’t Engage in a Bidding War for Alstom
- ASOS LN : Overweight Asos, Long-Term Story Intact, JPMorgan Says
- ATLN VX : Buy Actelion, May Be 20% Upside to 2016 Consensus EPS, UBS Says
- AZA IM : Alitalia Board Approves EU200m Capital Increase, Messaggero Says
- AZN LN : AstraZeneca Said to Hire Adviser for Potential Cancer Deals: WSJ
- EN FP : Bouygues Says Not Contacted by Mitsubishi, France Over Alstom
- EN FP : Bouygues Telecom Starts 4G+ Offer
- BP/ LN : BP to Sign $20 Billion LNG Supply Deal With China's Cnooc Today
- CGG FP : Awarded contrat in Saudi Arabia
- CLN VX : Overweight Clariant, JPMorgan Says Ahead of Capital Markets Day
- INGA NA : Buy ING, May Look to Spin off Remaining NN Shares, UBS Says
- MTL US : Russia May Spend RU215b to Bailout Mechel: Kommersant
- NESN VX : Nestle to Focus on Revitalizing Nescafe Brand: WSJ Link
- NOVN VX : Novartis Submits Meningitis B Candidate Bexsero to FDA
- RDSA NA : Shell to raise $5bn with Woodside stake sale - FT
- RSA LN : RSA Seeks Buyers for Asian Operations for Up to $500m: Reuters
- RTO LN : Buy Rentokil, Pull-Back Provides Buying Opportunity, RBC Says
- STAN LN : Said to have sold two units in South Korea for approx $148M in cash
- SAL IM : Salini Costruttori Secondary Placement Up to 100m Shrs
- SCMN VX : Swisscom Increases Offer For PubliGroupe to CHF214/shr
- SHP LN : Shire Hires Citi as It Braces for Takeover Offers: Reuters
- TEMN SW : Temenos to Return Up to $120m Through a Share Buyback Program
- UL FP : Unibail to offer CB (ORNANE) €435m (to €500) 01/07/2021