>>> What to look at today - 21st of Ocotber 2015

Dow-0.08% S&P-0.13% Nasdaq-0.50% Russell-0.08% VIX 15.57 +4% Brazil -0.78%
US Market closed slightly lower after another quiet session, with mkt lookign for a direction from very high levels in the US...S&P was not able to trade above its 100d MA(2039). Six sectors ended the day with gains, but top-weighted technology (-0.3%) and health care (-1.5%) struggled, which kept the market under pressure. IBM put some pressure on Tech -5.75%..IBB -3.5%...telecom services sector (+0.8%) held the lead throughout the session thanks to a 1.2% spike in Verizon (VZ 45.24, +0.54) after the company beat earnings expectations and reaffirmed its full-year revenue growth outlook. financials (+0.5%) and industrials (+0.6%) ended the day with solid gains. Volume were again below the 800mil shares..FXI closed +0.13%...US After Hours ISRG +7.6%, ZIXI +4.7%, CREE +0.4%, CMG -7.2%, VMW -4.7%, YHOO -1.6% following earnings/guidance...Asian indices are mixed as investors assess the likelihood of further policy easing in Asia after the latest China GDP and today's Japan trade data. Shanghai Composite was down slightly in the opening hours but has since come off the lows to trade up 0.4% entering midday break and is now back in -ve territory trading lower by 50bps,, Nikkei225 is up over 1.7% returning from break, bumping up against its 1-month high above 18,500. Expectations called for Japan to return to trade surplus, but instead the print came in as a 6th straight deficit. Exports component was especially soft, rising just 0.6% v 3.8%e, while imports fell for the 9th straight month at -11.1% v -12.0%e.

Nikkei +2% Hang Seng Closed Shanghai -1.44%

Eur$ 1.1356 CNY 6.3439 JPY 120.04 GBP 1.5437 EURCHF 1.0584 BRL 3.9053 RUB $62.1461 WTI $46.02 (-0.58%)

S&P +0.57% EuroStoxx+0.52% Dax+0.45% SMI +0.57%


Macro :
- Dutch State Must Pay EU446M After-Tax to EU, Says Dijsselbloem
- Europe Stocks Are Going Nowhere as Lull Reigns in Trading Range
- Brazil Impeachment Papers About to Drop as Crisis Hits New Stage

Keep an eye on :
- ABBN VX : ABB 3Q Operational Ebita Beats Estimates
- ABI BB : South African trade union groups urge competition authorities to block AB InBev takeover of SABMiller
- AREVA FP : Areva Reorganization Will Result in Job Cuts of 2,700 by 2017
- BARC LN : Barclays Said to Seek Consumer Bank as Investment Bank Unit: Sky
- BAR BB : Barco 3Q Sales EU230.3m Vs EU229.3m Y/y; FY Outlook Unchanged
- BIC FP : Bic 3Q Net Sales Rise, Confirms Outlook
- EN FP : France May Increase Tax on Telecom Operators: Les Echos
- CGG FP : CGG, Halliburton Unit Landmark to Collaborate on Software
- ACA FP : Credit Agricole to Pay $787m Fine to Settle Sanctions Violations
- CSGN VX : Credit Suisse to Raise CHF6.05b in Rights Offer, Placement
- CSGN VX : Credit Suisse IB Pretax Loss CHF125m; Est. Profit CHF308m
- DECB BB : Deceuninck 3Q Revenue Rises 18%, Expects Trend to Continue in 4Q
- DTE GY : Deutsche Telekom Said to Consider Sale of T-Mobile Netherlands
- ELIOR FP : Elior Concessions Targets EU1b Rev. by ’20 in Europe: Echos
- ENI IM : Versalis may be sold off by Eni - Could be worth €1bil
- FCA IM : Ferrari Prices 17.18m-Shr IPO at $52 Each; Top of Range
- KPN NA : KPN, Base, Mobistar, Proximus Agree to End Litigation
- MELE BB : Melexis Sees ‘Low Single Digit Decrease’ in 4Q Rev Vs 3Q
- NDA SS : Nordea 3Q Net Income, Fee & Commission Income Miss Ests.
- NOVN VX : Novartis Buys Admune to Broaden Immuno-Oncology Pipeline
- AHL SM : OHL Says Informed by Villar Mir of Sale of Rights to Tyrus
- ORA FP : France May Increase Tax on Telecom Operators: Les Echos
- POP IM : Pop Milano CEO Says UBI, Popolare ‘Positive’ Options: Messaggero
- PSM SM : Prisa Reaches Accord With Telefonica on DTS Price Adjustment
- SAB LN : South African trade union groups urge competition authorities to block AB InBev takeover of SABMiller
- SHBA SS : Handelsbanken 3Q Net Income, NII Miss Ests.
- SYNN VX : Syngenta CEO Mike Mack to Step Down at End of October
- TECH FP : Technicolor 3Q EU877M Versus EU843M; Confirms FY Ebitda Target
- TEL2B SS : Tele2 3Q Ebitda Beats Est.; Cuts 2015 Forecast
- TEMN SW : Temenos 3Q Results Beat Ests., Temenos Reached Turning Point, Barclays Says After 3Q Earnings
- HO FP : Thales 3Q Sales of EU2.79b Miss Estimates; Forecast Reiterated