Dow-0.25% S&P-0.47% Nasdaq-1.03% Russell-0.64%
US MArket closed lower after 3 days rally. Pull back was leaded by financials and another volatil day on oil. Comments from FED Members weighted on financials. bearish reading from the Department of Energy's weekly inventory report offset some additional speculation regarding whether OPEC and non-OPEC states could agree to a production cap agreement. The EIA inventory report showed a 2.147 million barrel build in crude inventories compared to last week's 0.754 barrel draw. This forced WTI crude to pare most of its gain, ending the day higher by 0.1% at $30.68/bbl. As a result, energy (-0.9%) settled with the worst loss of the day. Volume were at 1.05bil. US After Hours AMAT +7.1%, AHS +6.4%, TRUE -16.8%, TRN -14.8%, AFOP -13.7%, IMH -10.2%, JWN -8.1% following earnings/guidance; SXC -7.1% suspend dvd., ATW -6.5% suspend dvd.Asian equity markets are modestly lower, tracking a more subdued session in the US hours, where investors expressed more caution in the consumer space after disappointing Wal-Mart results. Nikkei225 is leading the decline as Japanese Yen strengthened against the US dollar in line with Thursday's trend in the Treasury markets. BOJ Gov Kuroda continues his daily campaign promoting negative rate policy, stating the measures help boost the economy with pressure on the bond yields, though he did add that the central bank will not keep its easing policy in place "forever". Meanwhile, a study from the Nikkei found pretax profit growth at nearly 200 companies with FY-end in December slowing to just 2% from 12% last year.
Nikkei -1.42% Hang Seng-0.61% Shanghai-0.60%
Eur$ 1.1111 CNH 6.5236 CNY 6.5198 JPY 113.11 GBP 1.4336 CHF 0.9927 RUB$ 76.5127 WTI $30.62(-0.49%)
S&P+0.22% EuroStoxx+0.07% Dax+0.07% SMI +0.13%
Macro :
- IMF Board Said to Appoint Lagarde as Soon as Friday: L’Opinion
- Citadel’s Main Fund Said Down 6.5% Year to Date: WSJ
- China Jan. Vehicle Sales Rise 7.72% Y/y to 2.5m Units, CAAM Says
- Carmakers in Crisis Talks to Find Takata Buyer: Manager Magazin
- TPG Capital Said to Near $10b PE Fundraising Close: Reuters
Keep an eye on :
- AC FP : Hyatt Hotels ‘Constantly Evaluating’ M&A Expansion Around World
- AF FP : Transavia Open to New Partnerships, De Juniac Tells Dagblad
- AGN NA : Aegon 4Q Net Rises, Underlying Pretax Declines; Final Div. 15c
- AIR FP : Boeing Wins Order From Air Niugini
- ALU FP : Alcatel-Lucent to Repay 2018 Oceane Bonds on March 21, 2016
- ALV GY : Allianz 4Q Net Income Misses; Management Confident on 2016, Solvency 2 Ratio 200% End-2015 vs 191% End-2014 -->-2.4% pre open
- BRAV SS : Bravida 4Q Sales Rose 16%, Operating Profit Beats Last Year
- BRISA PL : Brisa’s BCR 2015 Operating Revenue Rises 6.7% to EU496.9m Y/y
- CO FP : Big C bidder TCC Group could get loans from CIMB Thai Bank - Thunhoon
- LNG US : Cheniere Energy Ex-CEO Charif Souki Resigns From Board: Filing
- CSGN VX : Credit Suisse Said to Fast-Track Top Jr. Investment Bankers:Rtrs
- DPW GY : Deutsche Post Not Exploring Sale of Global Forwarding & Freight
- DEXB BB : Dexia Gets Capital Requirement of 8.625% From ECB; CET1 at 15.9%
- EDF FP : EDF to Close Half of French Thermal Park, Echos Says
- EI FP : Essilor 2015 Net of EU757m Misses EU768m Average Estimate
- FPE3 GY : Fuchs Petrolub 2015 Sales, Ebit In Line, Dividend Below BDVD
- GFT FP : Vivendi Announces Public Tender Offer of EU6/Share for Gameloft, Gameloft Aware of Vivendi Hostile Takeover Bid
- ING FP : Ingenico Sees 2016 Organic LFL Growth of 10% as 4Q Sales Beat
- IT IM : Italcementi 4Q Rev EU1.08b; Proposes No Dividend
- KER FP : Kering 4Q Comp Sales Growth, Gucci, Saint Laurent Beat Ests.
- LIN GY : Linde fails to find buyer for Bertrams Heatec - Neue Zuercher Zeitung
- LUMI SS : Lundin Mining 4Q Loss/Shr 13c, Est. Loss 7c
- OMV AV : OMV Plans Expansion in Germany Amid Revamp Push: Handelsblatt
- PFV GY : Pfeiffer Vacuum 2015 Sales Rise 11%; Beats Own Guidance
- SAF FP : Safran Gives Goldman Mandate to Sell Morpho Detection: Figaro
- SAFT FP : Saft Groupe Sa: 20/10/2016 - 2016 Third Quarter Sales
- SCHA NO : Schibsted 4Q Opg Revenue, Ebitda Miss Ests.; Div. NOK1.75/shr
- STL NO : Statoil CEO Sees Global E&P Investment Falling in 2017
- UHR VX : Smartwatch Shipments Outpaced Swiss Watches in 4Q: CNET
- TCH FP : Technicolor 2015 Rev. EU3.65b; Est. EU3.56b
- TEF SM : Telefonica’s Telxius Valued at EU5.25B, Confidencial Says
- FR FP : Valeo 2015 Profit Beats Estimate; Forecasts Higher 2016 Earnings
- CSS FP : Vivarte to Lose GoldenTree as Shareholder, Le Parisien Says
- VIV FP : Vivendi 2015 Adj. Net Beats; Says Canal Plus, BeIN in Talks
- VIV FP : Vivendi Says BeIn Distribution Deal With Canal Is For 5 Years
- VIV FP : Vivendi Weighs Offer for Mediaset Premium Unit: Sole
- VOD LN : Vodafone Germany Has to Increase Sales, CEO Says: Handelsblatt
- VOW3 GY : VW Ignored Signals for Exceeding Emission Limits: Handelsblatt
- WES NA : Wessanen 2015 Rev. Beats Ests., Sees 2016 Ebite Higher
- ZC FP : Zodiac Brings Back Part of Production From China, Echos Says