Dow+0.07% S&P+0.19% Nasdaq-0.15% Russell+1.11%
US Market closed slightly positive, very close from their flat line. Heavily-weighted technology (-0.4%) and health care (-0.4%) finished with the largest losses while energy (+1.4%), materials (+1.1%), industrials (+0.9%), and financials (+0.7%) topped the leaderboard. MSFT & GOOG Traded lower ahead of Apple Earnings. IBB-1.6%. Volume were in line with average at 897mil shares. US After Hours FTNT +9.7%, CUDA +9.1% higher on earnings/guidance, AYI +1.5% following S&P 500 addition news....TWTR -13.6%, AAPL -8.3%, CMG -4.2%, CRUS -4.2%, T -1.3% on earnings/guidance, chip/AAPL suppliers lower. Asian equity markets are trading mixed though volumes are still on the light side on the eve of the critical BOJ policy decision and the anticipated ramp-up in hawkish rhetoric from the FOMC statement. Tech-heavy Korea and Taiwan are underperforming however, tracking 1.1% drop in Nasdaq futures in the wake of extremely disappointing results from Apple as it missed on the top and bottom line. In China, March industrial profits continued to recover, growing 11.1% y/y. YTD growth was up 7.4%, also a marked improvement from 4.8% rise last month. China Stats Bureau noted faster profit rise on both sales growth and prices, but also warned that slowing demand, high inventories and financing difficulties are still impacting the industrial sector.
Nikkei -0.22% Hang Seng -0.40% Shanghai +0.09%
Eur$1.1297 CNH 6.5016 CNY 6.4901 JPY 111.16 GBP 1.4562 CHF 0.9738 RUB$65.5140 WTI$ 44.52(+1.09%)
S&P-0.26% EuroStoxx-0.20% Dax-0.22% SMI -0.35%
Macro :
ECB’s Coeure Says Greek Banks in Solid Capital Position: Il Sole
Brevan Howard Investors Said to Seek $1.4 Billion of Cash Back
Weidmann: A Monetary Union Is a Political Decision
Apple Can Add China Trouble to Its Growing List of Woes: Gadfly
Keep an eye on :
- ABB SM : Aker Solutions, ABB Agree on Subsea, Power, Automation Pact
- ADS GY : Adidas Raises 2016 Net Income, FX-Neutral Sales Forecast
- AF FP : Air France-KLM CEO Candidates Include Faury, Auque: La Tribune
- SAN SM : Santander 1Q Net EU1.63b, Beats Est.; CET1 Fully-Loaded 10.27%
- SAN SM : Santander to Give Strategy Update Sept. 30 in London
- BAS GY : BASF Open to Large Acquisitions, Handelsblatt Reports
- BB FP : Bic Confirms 2016 Outlook, Says 1Q Sales Slightly Above Target
- BMW GY : Germany to Provide EU4,000 in E-Car Incentives: Deutschlandfunk
- CAP FP : Cap Gemini 1Q Rev. Rises 12%, Confirms 2016 Outlook
- CSGN VX : Credit Suisse Hires 30 Wealth Managers From UBS in Mexico: FT
- DHR US : Third Point Added to Danaher Position After Talks With Co.
- DELB BB : Delhaize Intends to Increase 2016 Revenue, Market Shares
- DWA US : Comcast in Discussions to Buy DreamWorks Animation, WSJ Says
- DSMA NA : DSM considers stake sale in chemicals and pharma JVs, could net EUR 1.5bn-EUR 2.5bn - De Telegraaf
- ENAV IM : Italy Treasury, Advisers Discussed Enav SpA Stake Sale: Official
- EOAN GY : EON’s Uniper Unit Seeks Disposals of at Least EU2b by 2017
- IBE IM : Iberdrola Cancels 157.2m Shares
- ING FP : Ingenico 1Q Rev. Rises 11%; Raises FY Organic Rev. Growth Target
- KGX GY : Kion Confirms 2016 Outlook, 1Q Rev. Up 4.8%
- MC FP : COH Rises to Highest in Year as Turnaround Progresses; Peers Up
- LSE LN : Deutsche Boerse, LSE Deal Rejected by Most Frankfurt Firms: FAZ
- NESN VX : Nestle, R&R to Set Up Ice Cream JV Froneri
- NHY NO : Norsk Hydro 1Q Net Income Beats Estimates
- NOVN VX : Novartis: Three FDA Breakthrough Therapy Designations for Ilaris
- NYR BB : Nyrstar 1Q Adj. Ebitda Drops 46% to EU37m; Cash at Hand EU240m
- ORA FP : Fernandez Says European Telco Consolidation Remains Necessary
- OSR GY : Osram 2Q Net Rises 3%, EPS Up 7%; Reiterates 2016 Outlook
- UG FP : PSA Confident of Hitting Targets Despite Volatile Environment
- RLIA SM : Realia Drops Most in 13 Months After 45% YTD Rally
- STL NO : Statoil Sees 2016 Production ‘Somewhat Lower’ vs 2015
- STM FP : STMicro Posts 1Q Loss; Sees 2Q Rev., Gross Margin Improving
- TKTT FP : KKR Selling 3.7m Shares in Tarkett SA
- TEL NO : Telenor 1Q Revenue in Line w/ Ests, Keeps Financial Guidance
- FP FP : Total 1Q Adj. Net Beats Ests.; Div. Matches Forecast
- RCF FP : Teleperformance 1Q Rev. EU844m Vs EU831m; Confirms FY Guidance
- TFI FP : TF1 Posts 1Q Loss, Rev. EU482m Vs. Est. EU483m
- FR FP : Valeo 1Q Revenue Rises 9.4% to EU3.92B
- VOD LN : TPG Telecom could buy Vodafone's entire Australia and New Zealand business
- WDI GY : Wirecard 1Q Sales Rise 32%; Ebitda Up 35%, Confirms 2016 Outlook