>>> What to look at today - 22nd of January 2015

Dow+0,22% S&P+0,47% NAsdaq+0,27% Russell-0,34%
US MArket Closed mixed again today with main indexes higher and small caps lower. The all market is waiting for ECB meeting tomorrow but rumors were all around driving market up & down...All sectors closed higher with energy leading with Crude Oil tradaing up 2.8% (WTI @ $47,78)...Financiasl & tech were the laggards today (IBM-3,1%), volume were below average @ 750mil shares...VIX @ 18,85 -5.23%...US After Hours +6.4%, EBAY +2.9%, URI +1.5%, FFIV -15.8%, CTP -14.6%, SNDK -6.4% following earnings/guidance...Shanghai Composite is underperforming in the region, falling for the first time in 3 days in spite of the rally on Wall Street and other Asian bourses. PBoC has surprised the markets with its first open market operation in 7 months and also the first net injection via reverse report since January 2014, but the move is backfiring, presumably on interpretation that a cosmetic policy move reduces the likelihood of straight interest rate cuts.PBoC also lowered the offered yield on the repo by 25bps to 3.85% from 4.10%. Separately, report out of Moody's noted shadow financing activities are shifting to new areas, such as e-financing platforms and margin financing in the equity market, as flows of investment into speculative housing market slowed. Moody's also warned that "maturity mismatches, and the potential for contagious runs, remain key risks for the shadow banking system", adding the risks from property sector exposure are still elevated givan an ongoing downturn in the sector and slowing GDP growth.
Nikkei +0.28% Hang Seng +0.88% Shanghai +0.35%

RUB $65.41 RUB €75.72 WTI $47.52 (-0.54%) Brent $49 CHF 0.8600 EURCHF 0.9960

EUR$ 1.1579 S&P +0.22% EuroStoxx +0.55% Dax +0.30% SMI +0.09%

Macro :
- Samaras Says ECB’s QE Program Is Relief for Greek People
- ECB Said to Approve Emergency Funding Line for Greek Banks: { http://reut.rs/1E36y6r}
- ECB’s Impact Limited, Goldman’s Pill Tells Boersen-Zeitung


Keep an eye on :
- ABBN VX : ABB CEO Spiesshofer Sees No Headcount Losses Due to SNB Move
- BARC LN : New York AG Expands ‘Dark Pool’ Complaint Against Barclays
- BG/ LN : could be subject to a £12-a-share break-up bid from Exxon Mobil or Brazil’s Petrobas.
- BMW GY : BMW Appoints New Heads of German Sales, Mini and Chinese Units
- GLI GY : DMG Mori Makes Offer for DMG Mori Seiki No Par Value Bearer Shrs, E27.50 per DMG Mori Seiki AG shr, corresponds to a premium of ~28.65% on the volume-weighted-average shr price over past 3 mos
- ELE SM : Endesa, Alkermes, Bosch May be Added to MSCI Indexes: SocGen
- ENEL IM : Enel CEO Says 4 Bid Received for Slovak Assets, 5 for Romania
- GET FP : Eurotunnel 2014 Revenue Rises 7% to EU1.21b, Est. EU1.18b
- FER SM : Ferrovial Says It’s Preferred Bidder for Canada Highway Project
- FNC IM: Finmeccanica CEO to Carry on Talks, Seeking Swift Conclusion
- G IM : Generali Is Not in Acquisition Mood, CEO Says in Davos
- GLEN LN : Glencore could consider approach for South32 before spinoff from BHP Billiton
- GSK LN : Pfizer CEO Read Admires Glaxo, Could Also Consider Actavis: FT
- HAV FP : Facebook’s Atlas Ad Group, Havas in Marketing Pact: Atlas
- IMT LN : U.K. Govt to Bring Forward Plain Cigarette Pack Legislation: BBC
- INDUC SS : Industrivaerden Chairman to Resign From Boards in 2015, SVD Says
- LOGN SW : Logitech 3Q Op. Income $65m; Increases FY Profit Outlook
- NOVN VX : Novartis Wins FDA Approval for New Type of Psoriasis Treatment
- SIK VX : Sika Holder Group Reaffirms Concerns, Requests Special Measures
- SLIGR NA : Sligro 2014 Ebit Misses Ests., Expects to Outperform Mkt in ’15
- SON PL : Sonae 2014 Preliminary Sales Rise 2.7% to EU4.751b
- TEF SM : Qatar’s QIA in Talks Over Telefonica Stake: El Confidencial
- UHR VX : Swatch Won’t Move Production Abroad, CEO Hayek Tells Weltwoche