US Market Closed higher ahead of today's policy directive from the Federal Open Market Committee, WSj report concerning FOMC pushed mkt higher, Hilsenrath said FED will keep zero rate for a considerable time, rally was helped by PBoC announce to provide CNY500 billions to its top five banks through a short-term lending facility, Yen traded lower on rumor that Japan's government plans to lower its economic assessment in the sept. report due on Friday. volume were a bit higher @ 630m shares...VIX @ 12.73 -9.84%...After Hours on Earnings YCRW +10.1%, APOG +5.7% ADBE -4.4%, on News AUXL+43.1% ENDP +5.9%, NSPR +18.5%, FDX+0.5% RAX-16.2%, RTRX -10.3% PDLI -6.1% SXL -3.9%, PETX -3.4%...In Asia, Ahead of Friday's Cabinet Office monthly economic report from Japan, a Nikkei report forecasted the first downgrade in 5 months. Report attributed the shift to downside in private consumption caused by "typhoons and heavy rains" that depressed spending. PBoC injection in short term helped mkt too...Nikkei -0.03% Hang Seng +0.93% Shanghai -0.29%
Eur$ 1.2950 S&P -0.05% EuroStoxx +0.53% DAX +0.48% FTSE +0.21% SMI +0.52%
Macro
- France Ready to Sell Stakes to Avoid Debt at 100%/GDP: Echos (EDF, ORA, ADF, SAF, AIR, RNO, HO, UG, AREVA, AF, CNP, DEXB) - see attached for details
- Qatar may shift some investments away from Germany after being criticized by German politicians over labor practices and terrorist funding
- China Ministry of Land and Resources: largest oil and gas producers plan to raise annual shale gas production by 40% to meet national target
- EU28 August Car Registrations Rise 2.1% Y/y to 0.669m Units
Keep an eye on :
- AGN NA : Determines Stock Fraction Interim Dividend and Announces to Repurchase Shares to Neutralize Stock Dividend
- AIR FP : Airbus to Maintain A380 Build Rate Even as Buyers Grow Scarce
- BLT LN : Rio Tinto likely on Glencore's wish list - Australian Financial Review
- DBR SJ : De Beers Sees Strength in Global Diamond Demand: WWD
- HAV FP : Havas Acquires Sweden's Bizkit Wisely, Ireland's GT Media
- ITX SM : Inditex 1H Net EU928m; Est. EU909.8m, 1H Net Beats Ests., Ebitda In Line
- JAZSM : Orange Sees No Big Anti-Trust Hurdles for Jazztel: Figaro
- MBTN SW : Meyer Burger Offers Up to CHF100m Senior Unsecured Convertibles
- NOVN VX : Novartis to Present Data on Zykadia, Afinitor, Key Compounds
- NOVOB DC : Novo Nordisk Pays $19m to Settle Prandin Court Case, Borsen Says
- ORP FP : Orpea Confirms 2014 Sales Target as 1H Pretax Profit Rises 19%
- REC BB : Recticel Considers Capital Increase to Cut Debt, Standaard Says
- CFR VX : Richemont 5-Month Sales Growth Misses Ests.
- ROG VX : Roche Says Buying InterMune Doesn’t Signal Acquisitions: Reuters
- SAN FP : Sanofi, Myokardia to Develop Genetic Heart Disease Therapies
- SHP LN : AbbVie Sued by Shareholder Over $55b Shire Purchase
- US5 GY : Ultrasonic Falls 79% as CEO, COO Disappear, Cash Missing
- ZC FP : Zodiac Aero FY Sales Rise 7.2%, In Line With Est.
