US Market closed for Martin Luther King Day
USD is supported by an opinion piece from WSJ Fed watcher Hilsenrath, who argues that the FOMC is still on track to continue to taper asset purchases. Hilsenrath sees another $10B reduction in the overall program to $65B/month, noting that Fed officials will see the surprise decline in December non-farm payrolls as a statistical aberration and the result of bad weather conditions....PBoC delivered on its overnight pledge to ease the increasingly tighter
liquidity conditions going into the Lunar New Year holidays in February; Central bank injected CNY180B in 21-day reverse repos and CNY75B in 7-day reverse repos, making the largest injection since Feb 2013 as well as its first
open market operation in nearly a month. Repo rate opened up lower ahead of the announcement, and the 7-day shibor saw an 80bp drop to 5.53%. Shanghai Composite and the Hang Seng both rallied by over 1% in the morning session
following the announcement...Nikkei+0.8%...Shanghai +0.9%...
Tech Strong in Asia,
Eur$+.1.3550 S&P Fut +0.31% European Fut +0.41%
>>> Keep an eye on :
- ALO FP : Alstom 3Q Sales Below Est., Says Thermal Power Weighs on Outlook
- BSY LN : Vodafone Buying BSkyB Very Unlikely, BofAML Says
- CLS1 GY : Elliott's Celesio Stake Said to Be Below Limit to Trigger Bid
- DAI GY : EU Plans Action Against Germany on Refrigerants(R134a used by Daimler): Handelsblatt
- DB1 GY : Deutsche Boerse to Focus on Growth in Asia, Francioni Says
- DSM NA : DSM 4Q Ebitda Rises to EU316m
- GALN SW : Galenica 2013 Sales Rise 2%, Reiterates 2013 Profit Growth Goal
- GSZ FP : said to be considering acquisitions valued as much as $10-20B; Reviewed large acquisition opportunities, including AES
- GSZ FP : Talisman Gains; GDF Suez Takeover Approach Rebuffed: Reuters {http://tinyurl.com/kunfb8y}, Talisman's GDF Rejection Signals Investors Should Own: Canaccord
- EOAN GY : German Energy Plan Won't Cut Costs, Oettinger Tells Handelsblatt
- KRA1V FH : Kemira Sees 4Q Op. Ebit EU34m-EU35m; Prior Forecast EU42m-EU50m
- LXS GY : Inidcated +2.1% on UBS Call - ( Added to most preferred List)
- MEO GY : Metro Bank Sees Profit in 2015, Chairman Hill Says: Reuters
- NHY NO : Norsk Hydro Should Benefit From Higher Aluminum Prices: Goldman
- NOVOB DC : Novo Nordisk Needs Output Capacity Boost, CEO Tells Berlingske
- RCO FP : Remy 9-Mo. Organic Sales Miss Ests.; Reiterates Forecast
- ROG VX : Roche Says Bitopertin Failed Two of Six Phase 3 Studies
- RR/ LN :Rolls-Royce Seen Bidding for Waertsilae, Helsingin Sanomat Says {NSN MZQOBL6JTSER <go>}
- RWE GY : German Energy Plan Won't Cut Costs, Oettinger Tells Handelsblatt
- SAB LN : SABMiller 3Q Lager Vol. Up 1% on Organic Basis; Est. 2% Gain
- SAP GY : SAP Delays Profitability Target Amid Push for Cloud Business, stock indicated 1.2% lower in Pre-Market
- SCR FP : Scor to Buy Presses Universitaires De France, Les Echos Says
- SCYR SM : Sacyr Proposes New Contract With Panama on Canal, Expansion Says
- SGSN VX : SGS 2013 Sales, Net Income Miss Estimates, Dividend Beats
- SY1 GY : Symrise More ‘An Acquirer Than a Target,’ UBS Says
- TORM DC : Torm in Contact With Some Possible Buyers, Chairman Tells Borsen
- TKA AV : Telekom Austria 2014 Wages Rise 2.4%, Civil Servants Win 1.55%
- UCG IM : UniCredit Transfers Some Default Risk to Mariner Investment: FT
- UG FP : Peugeot to Pursue Capital Increase of EU3b to Raise Funding
- UNA NA : Unilever 4Q Underlying Sales Growth 4.1%, Estimate 3.9%
- VIV FP : Vivendi's Potential SFR Unit Sale Report Raises Hopes: Liberum
- WDI GY : Wirecard Sees Strong Growth in All Core Markets in 2014
- ZIL2 GY : Elringklinger Rev For 2013 up 4.3%, 2014 rev growth 7-9% {NSN MZPQYF6KLVS3 <go>}