Dow-0.74% S&P-0.81% Nasdaq-0.71% Russell-0.32%
US Market closed lower for the last day of the month. For the month, the S&P 500 shed 0.4% while the Nasdaq lost 1.1% and the Dow gained 0.3%. health care sector (-1.6%) underperformed throughout today's session as weakness from large-cap constituents as well as biotechnology dropped, IBB ended its session lower by 2.8%. VRX tumbled 18.4% after CNBC reported that the SEC is investigating the company. Additionally, the company postponed its earnings release and call. WTI crude ended its day higher by 3.3% at $33.82/bbl, finishing the month little changed. Volume were above average with 1.27bil shares traded. US After Hours CECO +23%, CRC +18.8%, APEI +13.5%, AXGN +13.5%, DPLO -26.6%, OPWR -21.4%, RMTI -20.7%, BCEI -13.4%, NLST -13.2% following earnings/guidance...VRX bounce back after hours after confirming subpoena. Asian equity markets are mixed and volatility is surprisingly light given some high-profile economic events and datapoints over the past 24 hours. Overnight, PBoC announced another 50bp RRR cut - the first since Oct 2015. PBoC Dep Gov Chen remarked that Yuan is basically stable against the basket of currencies, with no reason for continued depreciation. Chen added weaker CNY has had no impact on exporters, estimating January survey-based unemployment just above 5%. Japan jobless rate ticked lower, while manufacturing sector notched an 8-month low PMI.
Nikkei +0.37% Hang Seng +0.86% Shanghai +1.77%
Eur$1.0891 CNH 6.5429 CNY 6.5413 GBP 1.3946 JPY 112.67 CHF 0.9973 RUB$ 74.765 WTI$ (Apr) 34.13 +1.13%
S&P unch EuroStoxx-0.35% Dax-0.24% SMI -0.30%
Macro :
- *THIRD POINT OFFSHORE DOWN 4% YTD THROUGH FEB.: CNBC
- China’s PMI Reports Show Slowdown Deepening as Services Slip
- Fed’s Dudley Says ’Somewhat Less Confident’ on Inflation Outlook
- The Rise and Fall of Commodities Hedge Fund King Willem Kooyker
Keep an eye on :
- ANA SM : Acciona 2015 Net EU207M, in Line With Analyst Estimates
- AIR FP : Airbus to Keep Delivering 20 A330s to Chinese Clients Each Year
- AIR FP : Airbus May Shift More Production Toward A321 Model: Reuters
- ALBA IM : Creditors Want Alba to Sell Service Unit Quickly: Handelsblatt
- ATL IM : Atlantia looks to sell 30% stake in Autostrade per l'Italia - Il sole 24
- BMW GY : BMW’s Robertson Says Mood Among China Dealers ‘Much More Stable’
- BRBY LN : +4% yest on renew rumors of potential bid
- COL SM : Inmobiliaria Colonial owners QIA and Villar Mir mull capital increase for SFL control swap - el confidencial
- DAI GY : Daimler CEO Reiterates That Company Fully Cooperating With EPA
- DB1 GY : Deutsche Boerse Well Placed With or Without LSE, UBS Says
- FI/N SW : Georg Fischer Beats Ests., Targets ’16 Sales Growth of 3%-5%
- OLE SM : Deoleo 2015 Loss EU61.3M Versus EU74.1M Loss Yr Earlier
- GPRO US : GoPro Expects to Record ‘Substantial Net Loss’ in 1Q
- HOME LN : According to CS, Amazon deal in the Uk will push to higher bid from Sainsburry
- HVM GR / UCG IM : HypoVereinsbank to Seek EU139m From Ex-CFO: Handelsblatt
- IPN FP : Ipsen Lifts 2020 Sales Target to More Than EU2B on Cabozantinib
- DEC FP : JCDecaux Blocks Bike Rental System Because of Technical Fault
- KCO GY : Kloeckner Scraps Dividend After Posting Loss
- MMB FP : Lagardere Active Plans to Cut Costs, Le Figaro Says
- LSE LN : ICE Said to Explore Bid for LSE to Thwart Deutsche Boerse (2)
- OR FP : L’Oreal Heirs Create Investment Fund, Les Echos Says http://bit.ly/1oUViod
- RWE GY : German Atomic Commission Said to Plan Another Meeting on Costs
- STRS IT : Strauss Group’s Max Brenner Intl Said to Explore Sale: Reuters
- UMI BB : Umicore Loses First Round in BASF Patent Fight Over Batteries
- VRX US : Ackman ‘Delighted’ Over Valeant CEO Mike Pearson Return: CNBC
- VIV FP : Vivendi Says It Owns 15.66% of Ubisoft
- VOW3 GY : VW CEO Says in ‘Very Constructive Talks’ With U.S.: ZDF TV