>>> What to look at today - 24th of June 2015

Dow+0.13% S&P+0.06% NAsdaq+0.12% Russell+0.26% VIX 12.11 V2X 23.5179
US Market closed slightly higher after being flat most of the day. optimism on greece helped sentiment in Europe. Better US numbers helped also. Volume were in line with average @ 700mil shares... US After Hours MEET +18.8%, KOOL -13.1%, EXFO -7.3%, PRXL -0.8% following earnings/guidance, NFLX +3.3% after hours on 7 for 1 stock split...Sysco’s $3.5b U.S. Foods Bid Blocked by Federal Judge ({NSN NQF0YH6JIJUQ<Go>}) -->SYY -2.6%, PGN -2.4% tio be replaced in S&P600 by SMTC, NKTR+4.3% to replace CASY in S&P400...Shanghai Composite continues its bounce after an outsized 13% drop last week. Analysts have processed the latest release of China flash PMI and now anticipate further PBoC easing. Nomura sees two more RRR cuts and two more interest rate cuts by PBoC this year, forecasting Q2 GDP slowing to 6.6% from 7% in Q1. BOJ released the minutes of its May meeting when it upgraded economic assessment for the first time in 2 years, largely reiterating easing is exerting intended effects with continued monitoring of risks and price trends. Of note, one board member warned the side effect of easing could top benefits, sending USD/JPY to session lows. Recall the more recent BOJ decision last week did not produce a rumored fracture that would have questioned opend ended QE stance.

Nikkei +0.55% Hang Seng +0.065 Shanghai +0.77%

Eur$ 1.1198 JPY 124.03 GBP 1.5750 EURCHF 1.0444 CHF 0.9327 RUB $53.9967 WTI $61.04 (+0.05%)

S&P -0.08% EuroStoxx +0.22% Dax +0.29% SMI +0.05%

Macro :
- Bill Gross Says ‘Stocks Stuck Even if Greece Goes Well’

Keep an eye on :
- ABBN VX : ABB Faces ‘Hard-Weather Sailing’, CEO Spiesshofer Tells Reuters
- ABBN VX : Cevian Capital Sees ’Big Value Potential’ in ABB, DI Reports
- ABG/P SM : Abengoa to Maintain Current Dividend Policy, Expansion Reports
- AH NA : Ahold, Delhaize to Merge in All-Share Deal /Ahold 61% / Delhaize 39%, €500m/y synergies, €1b return to shareholder
- AIR FP : Airbus Said in Talks to Sell 50-70 A330 Jets to China: Reuters
- EN FP : Bouygues Rejects Altice Bid to Buy Bouygues Telecom
- EN FP : Martin Bouygues Says There Was No Political Pressure Over Drahi
- COLR BB : Colruyt FY Adj. EPS Beats Ests.; 2H Rev. Misses as Growth Slows
- EDF FP : EDF’s Application to Operate EPR Is Incomplete, Regulator Says
- FCA IM : Ford CEO Says ‘No Interest’ in Merging With Fiat Chrysler
- LBTYA US : Liberty Global CEO Says Always Looking at Targets: Handelsblatt
- LACR FP : Lacroix Supervisory Board Names Vincent Bedouin as CEO
- LEG GY : LEG Immobilien Says Fiscal 2015, 2016 Forecasts to Be Updated
- LEG GY : LEG Immobilien Places 1,196,344 New Shrs at Price of EU61.54/Shr
- ORA FP : Orange Says Targets Confirmed Regardless of French Consolidation
- RI FP : Pernod Targets 2018 Sub-Saharan Africa Sales of EU600M: Echos
- SYY US : Sysco’s $3.5b U.S. Foods Bid Blocked by Federal Judge