Dow +0.42% S&P +0.62% Nasdaq +0.85% Russell +0.59% VIX 15.26 -5.90% VXX 33.50 (-3.98%)
US Market closed higher helped by +ve earnings. All eleven S&P 500 sectors finished in the green with health care (+1.1%), materials (+0.9%), utilities (+0.8%), financials (+0.8%), and technology (+0.7%) leading the pack. IBB +1.4%. NFLX +19% on earnings & net subscriber growth. Volume continue to be low with 742mil shares (average 858). US After Hours YHOO +1.2% following earnings... VDSI -19%, MANH -9%, CREE -9%, INTC -6%, ISRG -2% following earnings/guidance, tech and semi names are under pressure. China indices little changed as Q3 GDP, Retail Sales, and Fixed Asset Investment meet expectations. US latest TIC flows data showing China holdings of US treasuries falling for the 3rd straight month below $1.20T - lowest level in nearly 4 years.
Nikkei +0.25% Hang Seng -0.15% CSI +0.05% Shanghai +0.16%
Eur$ 1.0977 CNH 6.7451 CNY 6.7398 JPY 103.76 GBP 1.2277 CHF 0.99 RUB 62.5864 WTI $50.75 (+0.91%)
S&P +0.05% EuroStoxx +0.10% Dax -0.02% SMI +0.15% FTSE +0.22%
Macro :
- Brazil Said to See $12b From Privatization, Concessions in 2017
- France Seeks to Lure European Banking Authority From U.K: Echos
- China’s Economy Grows 6.7% in 3Q Y/y; Est. 6.7%
Keep an eye on :
- ABG SM : Abengoa Seen Moving ‘Premium’ Creditors Deadline: Confidencial
- ABG SM : Abengoa Unit Wins U.S. Approval to Join Restructuring Plan: Rtrs
- AC FP : Accor 3Q Sales Beat Ests., Lowers Top End of 2016 Ebit Forecast
- AKZA NA : Akzo 3Q Revenue Below Estimates; Confirms 2016-2018 Guidance
- ASML NA : ASML 3Q Sales Beat, Profit Misses; 4Q Margin Seen Above Ests.
- BAR BB : Barco 3Q Rev. Up 14%, Order Backlog EU330.1m; Affirms FY Outlook
- BLT LN : BHP Q1 iron ore output tops forecasts at 57.6Mt v 56.3e (flat y/y), but copper production falls 6%, energy coal falls 4% and oil output falls 15%; BHP affirms FY17 output and CAPEX forecasts, as CEO sees early signs of markets rebalancing with expectation of improvement in energy market fundamentals.
- BMPS IM : Paschi Advisors to Review Passera’s Proposal After Business Plan
- BNP FP : BNP Paribas, Matmut in French Damage-Insurance JV Talks: Echos
- CA FP : Carrefour 3Q French Hypermarket LFL In Line, Supermarket Beats
- CSGN VX : Credit Suisse Said to Pay EU100m to Settle Italy Tax Case: Rtrs
- DYN US : Avenue’s Lasry Says Dynegy Is ‘Massively Undervalued,’: CNBC
- EDF FP : EDF Maintains Targets as It Plans Reactor Halts for Safety Check
- EDPR PL : EDP Renovaveis Says 9-Month Electricity Production Rises 20% Y/y
- ELI1V FH : Elisa 3Q Ebitda Tops Estimates; Keeps 2016 Forecasts
- ENGI FP : Engie Electrabel, EDF to Pay Extra EU2.73m Tihange-1 Levy: RTBF
- FUR NA : Fugro Issues 3Q Update Early to Support Convertible Bond Launch
- GET FP : Eurotunnel 3Q Revenues Increase 4%; Confirms Positive Outlook
- EVK GY : Evonik Won’t Be Investing in Malaysia’s Oil and Chemicals Hub
- GALP PL : Galp Energia Says It Exercises Call Option on Notes Due 2017
- GLO FP : GL Events 3Q Revenue Rises 1.3%; Co. Predicts FY Sales Growth
- ILMN US : Illumina Not Seen as M&A Target, Investor/Trader Poll Suggests
- RNO FP : Nissan’s Ghosn to Be Mitsubishi Motors Chairman, Nikkei Says
- ROG VX : confirms that the FDA approved Genentech’s cancer immunotherapy Tecentriq for people with a specific type of metastatic lung cancer
- RDSA NA : Shell Said to Hire Deutsche Bank to Sell Martinez Refinery: Rtrs
- GLE FP : France Hesitates to Press SocGen on Tax After Kerviel: Echos
- LOCAL FP : SoLocal 3Q Internet Sales Orders Up; Shareholder Meeting Today
- HO FP : Thales 3Q Sales Beat Ests.; Co. Lifts Outlook for Order Intake
- MEO GY : Metro 4Q Sales In Line With Estimates, Confirms FY Ebit Outlook
- NOVOB DC : Novo Settles Novoeight Patent Case With Baxalta: Berlingske
- VALE US : Vale Says Mid-2017 Restart at Samarco Venture Is Still Possible
- VOW3 GY : VW Judge ‘Strongly’ Leaning Toward Approving Accord
- VOW3 GY : Volkswagen Repaired 10% of Germany Diesel Vehicles: Handelsblatt
- ZAL GY : Zalando’s Raised Guidance More Than Offsets Weak Sales: Goldman