Dow-0.18% S&P-0.20% Nasdaq+0.01% Russell+0.32%
US market ended the Thursday affair on a flat note with the S&P 500 slipping 0.2% ahead of tomorrow's release of the March Employment Situation Report (consensus 200k). WTI crude ended its day lower by 0.2% at $38.29/bb. materials (-0.9%), industrials (-0.4%), consumer staples (-0.3%), and financials (-0.2%) trailed while utilities (+0.5%) and consumer discretionary (-0.1%) outperformed. volume were above average with 975mil shares. US After Hours SUNE -7% following receipt of subpoena from DOJ, HOT -5.2% MAR-3.9% on Angbang news of pulling out of deal on valuation. Asian equity markets are notably lower across the board, as the typically uneventful Asia session on the eve of the US non farm payrolls saw an unusual amount of volatility. Nikkei225 is the worst performer by far, shedding about 3% in the afternoon trade in the wake of the lowest Manufacturing Tankan figure in nearly 3 years. China markets were also pressured despite stronger manufacturing PMIs, as investors expressed concern over less aggressive fiscal stimulus and also responded to S&P cut of China outlook to Negative overnight.
Nikkei -3.33% Hang Seng-1.13% Shanghai -0.70%
Eur$ 1.1380 CNH 6.4710 CNY 6.4648 JPY 112.18 GBP 1.4343 CHF 0.9605 RUB$ 67.1930 WTI$37.84(-1.3%)
S&P-0.23% EuroStoxx-1.2% Dax -1.05% SMI-0.90%
Macro :
Atlanta Fed’s Lockhart Sees Scope for 3 Rate Rises: Nikkei
Caixin China March Manufacturing PMI 49.7; Est. 48.3
WSJ : U.S. Moves to Give Iran Limited Access to Dollars - http://on.wsj.com/1Rt8efP
Keep an eye on :
- ABG SM : A federal judge agreed to extend the shield of U.S. bankruptcy law to Abengoa SA while the Spanish renewable energy company works to secure creditors’ support for a restructuring plan.
- AIR FP : Boeing Key Supplier Delays Threatens Top Delivery Date, GAO Says
- AIR FP : Boeing Ends Part-Making Pact With Spirit Aero: Reuters
- AIR FP : WSJ : Jet Prices Take Center Stage in Boeing Job Cuts - http://on.wsj.com/1M561qG
- AIXA GY : Aixtron in informal discussions with possible suitors including Veeco, working with JP Morgan Chase
- ALV GY : Allianz Life Business Underappreciated; Citi Reiterates Buy
- BMW GY / DAI GY : Amazon in talks to buy stake in mapping company HERE: sources - http://reut.rs/1PIeieN
- DBH GY : Deutsche Bahn to Suspend High Speed Rail Line Hannover-Kassel
- ENI IM : Eni Val d’Agri Oil Production Suspended Amid Italian Probe
- RF FP : Eurazeo Says in Exclusive Talks to Buy Brands From Mondelez
- EO FP : Faurecia to Appoint New CEO in Mid April, Les Echos Says
- GAM SM : Gamesa Will Break Accord With Areva for Siemens Deal: Expansion
- KER FP : Yves Saint Laurent Says Creative Director Hedi Slimane Has Left
- MSEIS NO : Magseis Allocates 6.8m Shrs at NOK12.50/Shr in Private Placement
- OSR GY : Apple Drops Osram, Adds Philips LEDs to Top Suppliers List (1)
- PFC LN : Petrofac Looking Into Bribery Allegations in Huffington Report
- PFD LN : Premier Foods’ tie-up with Nissin not a frustrating action to McCormick bid, sector lawyers say, Takeover Panel unlikely to find fault with Nissin stake build, Conditional commercial arrangement should not raise hackles, Nissin stake could prevent an eventual squeeze-out
- PHIA NA : Apple Drops Osram, Adds Philips LEDs to Top Suppliers List (1)
- PHIA NA : Philips to Get Japan’s 1st Foreign Business Subsidy: Nikkei
- SAN FP : Regeneron, Sanofi Dupilumab Phase 3 Trials Met Primary Endpoints
- VIV FP : *VIVENDI MAY BE CLOSE TO MEDIASET PREMIUM DEAL: MF
- VOD LN : Vodafone in Talks to Sell 49% Stake in India Payments Bank: ET
- VWS DC : Vestas Secures 48 MW Order in China