US Market closed much higher, S&P psoting its fourth consecutive gain, AAPL jumped 2.7%, volume were in line with average @ 795mil shares...VIX @ 16.08 -13.41%...The yields on the US 10-yr note is back above 2.20% - a 1-week high - as diminishing concerns over Ebola/Hong Kong/Europe have eased investors worries. Nikkei225 is leading the rally on the heels of further modest selling in JPY, with USD/JPY retesting the ¥107 handle. Japan merchandise trade deficit was much wider than expected mainly due to higher than anticipated rise in imports (6.2% v 2.7%e). Govt panel discussion saw economic advisor Honda recommend that another sales tax hike is postponed until 2017 vs late 2015 initially planned. Separately, a govt official noted some further stimulus measures will still be considered regardless of the decision on the next round consumption tax. China Vice Premier Zhang noted the country continues to attract foreign investment, and that YTD economic growth is still in reasonable range after yesterday's release of slightly better than expected GDP number. In Hong Kong, the student protest leader said marches will continue and that it was uncertain if more meetings with the govt will take place. Overnight, Chief Secretary Carrie Lam reiterated 2017 chief election will be based on National People's Congress (NPC) ruling following meeting with student leaders. Nikkei +2.46% Hang Seng +1.23% Shanghai -0.31%
Eur$ 1.2739 S&P -0.10% Eurostoxx +0.43% FTSE +0.37% Dax +0.61% SMI +0.47%
Macro
- French Livret A Savings Account Sept Outflow EU2.37B: Les Echos
Keep an eye on :
- ABBN VX : ABB 3Q Sales Below, Net Income Ahead of Analyst Estimates
- AXFO SS : Axfood 3Q Profit Beats Est.; Keeps 2014 Forecast
- BAR BB : Barco Sees 2H Results Comparable to 2H 2013 Ex. One-Time Gains
- BIM FP : BioMerieux Confirms 2014 Sales Target; 3Q Revenue Rises 5.7%
- ALCAR FP : Carmat Preparing Second Artificial Heart Clinical Trial: Figaro
- CRDA LN : Rumors of interest from Private Equity - FT Article
- GSZ FP : GDF Suez Board Names Kocher Director, Deputy CEO & COO
- HEI NA : Heineken 3Q Consolidated Organic Beer Vol. Growth Misses Ests.
- IBE SM : Iberdrola Board Approves Capital Increase for Script Dividend
- KLOV SS : Klovern Says 3Q Operating Margin Highest Ever for a Quarter
- KRA1V FH :Kemira 3Q Sales Beat, Profit Misses Ests.; Retains 2014 Forecast
- LUX IM : Luxottica May Appoint a P&G Executive as CEO, la Repubblica Says
- MELE BB : Melexis 3Q Rev., Net Beat Ests.; Ebit Margin Outlook Raised
- MHG NO : Marine Harvest 3Q Oper. Ebit Higher Than Preliminary Report
- NDA SS : Nordea 3Q Net Misses Est.; NII Beats
- NHY NO : Norsk Hydro 3Q Revenue NK19.698b vs Est NK18.6b
- UG FP : Peugeot Citroen 3Q Sales Beat Est.; Targets Reiterated
- ROG VX : Roche to Invest CHF3b Over Next 10 Years in Basel Site
- SBS GY : Stratec Biomedical 3Q Sales Rise 18%; Confirms Forecast
- SGO FP : Saint-Gobain Expands in Russia as Competition Slows, Finans Says
- SHBA SS : Handelsbanken 3Q Net, NII Top Ests.
- TEC FP : Technicolor 3Q Sales Down 3.1% on Lower DVDs; Confirms Forecast
- FP FP : Total's Desmarest to Propose Pouyanne as CEO, Les Echos Says, to split CEO & Chariman role
- UCB BB : UCB Close to Selling Kremers Urban Unit for $1.7 Bln, Tijd Says
- FR FP : Valeo 3Q Rev. Rises 10%; FY Targets Confirmed