Dow+1.42% S&P+1.62% Nasdaq+1.79% Russell+1.61% VIX 16.85 (-10.56%)
US MArket Closed higher, with steady performance all day even after FOMC Minutes, that eft little doubt that the Fed is poised to raise rates at the December meeting. Specifically, the minutes indicated that "it may well become appropriate to initialize the normalization process at the next meeting, provided that unanticipated shocks do not adversely affect the economic outlook.". All ten sectors ended the day in positive territory with eight groups adding more than 1.0%. The financial sector (+1.8%) benefiting from rising rate hike expectations. the energy sector (+1.6%) also posted a solid gain, WTI crude ended higher by 0.4% at $41.95/bbl after sliding from its session high near $41.53/bbl. AAPL +3.2% on GS call. IBB+2.9%. Volume were in line with average at 850mil shares. US After Hours GMCR +16.4%, CTRP +16.2%, CRM +5.4%, WB +4.8%, SINA +2.3%, SMTC -8.5% following earnings/guidance, SUNE -9.5% (Reuters reporting that Blackstone (BX) is rejecting rumors it was considering an investmentin SUNE),AMAG -8.8% on FDA Response, AGN -3.2% on Tax Inversion letter from Treasury. US market rally in the wake of the Fed meeting minutes has carried over into Asia, where higher-beta Australia market is leading the way. USD/JPY pair hit a low near 123.00 - down over 50pips - with most of the losses coming after the Bank of Japan policy decision. BOJ maintained its annual pace of monetary base expansion at ¥80T and also kept its overall economic assessment unchanged, suggesting that domestic economy continued to recover moderately. The only change the BOJ has made is on inflation front.
Nikkei +1.07% Hang Seng +1.40% Shanghai +1.16%
Eur$ 1.0692 JPY 123.27 CNY 6.3784 GBP 1.5273 CHF 1.0164 RUB $64.72 WTI $40.90 (+0.37%)
S&P +0.12% EuroStoxx +0.76% Dax +0.78% SMI +0.42%
Macro :
- Most on FOMC Said Liftoff Conditions May Be Met by Dec.: Minutes
- Lew Says Treasury to Issue Tax Inversion Guidance This Week
Keep an eye on :
- AGN US : Pfizer Said to Near Allergan Deal for $370-$380/Shr
- CS FP : Axa’s Duverne Says Insurer to Invest in ‘Less Liquid’ Assets
- BNP FP : BNP Paribas Said to Move Equity Sales Jobs From London to Asia
- CEP SM : Cepsa Hires BBVA to Find Buyer for 9% CLH Stake: Expansion
- GLEN LN : +5% in HK
- JEN GY : Jenoptik Holder Thuringia State to Maintain 11% Stake: Phoenix
- MATAS DC : Matas 2Q Sales Miss Ests., Confirms FY Outlook
- NOVOB DC : Novo Nordisk Says Tresiba Expected to Be Launched Early 2016
- SCMN VX : Swisscom Fined CHF7.9M by Competition Body Over Broadband
- SIX2 GY : Sixt 3Q Pretax Rises 24%; Confirms 2015 Outlook
- SW FP : Sodexo FY Net Beats Ests., Sees FY16 Organic Growth About 3%
- TEF SM : Telefonica May Halt Fiber Investment in Spain: Cinco Dias
- UCG IM : UniCredit Upside Limited in N/T, Execution Risks High: RBC
- VOW3 GY : VW Names Steiner as Compliance Commissioner in Wake of Scandal
- VOw3 GY : VW Admitted Diesel Irregularities to CARB in Aug.: Handelsblatt
- VTG GY : VTG 9-Month Sales, Ebitda Rise; Confirms Forecasts