US closed yesterday...Bank of Japan refrained from further policy easing in the wake of a soft Q4 GDP data, keeping its economic assessment unchanged for the 6th month and also reiterating its outlook on inflation and domestic economy. BOJ did boost its "Stimulating Bank Lending Facility" and the "Growth-Supporting Funding Facility" programs from ¥3.5T to ¥7.0T and also expanded the term of application to 4 years from 1-3 present. After the initial dive, Yen pairs are up moderately on the announcement....Daily Shibor fixings: O/N: 2.6800% v 2.9510% prior (6th consecutive
decline, lowest since May 14th)...Nikkei +3.13%...Shanghai -0.98%..
Eur$ 1.3710 S&P Fut +0.23% European Future +0.20%
Macro
- Emerging Markets at Risk From Carry Trade Unwinding, BofA Says {NSN N16IQC6JTSEG <go>}
Keep an eye on :
- AI FP : Air Liquide 2013 Net Beats Ests., Sales Miss; Confident on 2014, 2013 Efficiencies EU303m, Ahead of Forecast
- ALO FP : France Appoints Consultants to Study Alstom, Les Echos Says
- ATL IM : Atlantia Kept as a Top Infra Pick at BofAML
- BLT LN : BHP 1H Adj. Profit Beats Est.; Sees Strong Free Cash Flow, Rises for 9th Day, Trades Near 1-Year High
- CO FP : Casino Seeks Return to Organic Sales Growth in France in 2014
- CO FP : Mkt Conditions Ideal for Casino’s Cdiscount Listing, Citi Says
- ENG IM : Enagas 4Q Ebitda Beats, Net Income in Line, Rev. Misses Ests.
- GCY GY : Grand City Properties places EUR 150m 1.5% five-year CB
- LEAS BB : Leasinvest Re FY Adj. EPS EU5.37; Est. EU4.95; Raises Dividend
- MTX GY : MTU Aero Engines 2013 Sales Rise; Sees Stable Ebit, Net in 2014
- NOBN SW : Nobel Biocare 4Q Revenue Declines, Profit Rises; Dividend Beats
- SIE GY : Siemens, Stadler May Seek Rail Joint Venture: Handelsblatt
- 1T9 GY : Tarkett Predicts Profitable Growth as 2013 Net Rises 19%
- WCH GY : Wacker Chemie Raises Silicones Prices in Europe as of April 1