US Market closed lower after FOMC Meetingm, with small caps leading the move...As expected, the Federal Open Market Committee announced another $10 billion taper, reducing the size of its monthly asset purchases to $55 billion ($25 billion in agency mortgage-backed securities and $30 billion in longer-term Treasuries). In addition, the Committee opted to drop the 6.5% unemployment threshold from its forward guidance while choosing to shift the focus to a ‘wide range of information' on jobs as well as inflation...VIX @ 15.10 +4.1%...Volume were still on the light side @ 650 mil shares...Asian markets are lower nearly across the board, tracking the post-Fed selloff in US indices...Shanghai Composite opened in the green but -ve now on GS cutting its Q1 GDP atrget , boost came from a press report that China State Council will accelerate construction projects and other measures to help stabilize economic growth as soon as possible. A call to...Nikkei -1.65%...HS -1.82%...Shanghai -1.40%
Eur$ 1.3839 S&P Fut : -0.25% European Future : -1.17%
Keep an eye on :
- ASSAB SS : Assa Abloy CEO Reiterates 2014 Growth Forecast, DI Reports
- BMPS IM : Monte Paschi Foundation in Talks With Investors on Stake Sale
- DANSKE DC : Danske Must Boost Income, Cut Costs, Chairman Tells Berlingske
- DEZ GY : Deutz 2013 Ebit Rises, Margin Meets Forecast
- ELG GY : Elmos Semiconductor 2013 Profit Rises, Sees Higher Rev. in 2014
- FNC IM : Finmeccanica Profit Beats; to Assess Transport Bidders Shortlist
- FPE3 GY : Fuchs Petrolub 2013 Net Rises 6%; Sees 2014 Sales, Profit Rise
- HBH3 GY : Hornbach Holding 2013/2014 Sales EU3.37b; Analyst Est. EU3.34b
- RMS FP : Hermes 2013 Oper. Inc. Meets Ests.
- LXS GY : Lanxess Sees 1Q Adj. Ebitda at About EU200m, Confirms 2014 Goal
- MUV2 GY : Munich Re Announces EU1b Share Buyback; Sees Profit Decline
- OPHR LN : Ophir 2013 Net Loss $247m; Existing Cash Resources $667m
- PFV GY : Pfeiffer Vacuum 2013 Net Falls 24%; Div. Misses BDVD Forecast
- RF FP : Eurazeo’s Europcar Mandates Rothschild for IPO, Les Echos Says
- SAN FP : Bristol-Myers, Sanofi Accused of Deceptive Marketing by Hawaii
- FP FP : Total Confirms It Will Boost Argentina Investments: Timerman
- UCG IM : UniCredit Set to Turn Into Banking Union’s Cash Cow: Mediobanca
- ZC FP : Zodiac Aerospace 1H Rev. Rises 9.2% to EU2.0b