Dow-0.13%% S&P-0.02% Nasdaq+0.14% Russell-0.12%
US Market closed near the flat line. Materials(-1.1%), financial (-0.6%) and industrial (-0.2%) sectors underperformed. countercyclical utilities (+1.1%) led telecom services (+0.5%) and consumer staples (+0.3%) outperformed. WTI crude ended its day lower by 0.2% ($49.44/bbl) after briefly topping the $50.00/bbl price level. HP+6.9% on numbers. BABA bounced back +3.7% after yest. Volume were below average @ 772mil shares. US After Hours VEEV +9%, ULTA +8%, SPLK -5%, GME -8%, PANW -10% following earnings/guidance, TTNP+6.4% on FDA approval. Asian Markerts are mixed on Friday, with most indices off their opening highs. Macro has been headlined by (more) reports Japan Prime Minister Abe will delay next year’s increase in the consumption tax by two years. Chief Cabinet Secretary Suga responded by noting that an appropriate decision will be made an appropriate time. Markets have shown muted reaction to the latest developments. Also out earlier, Japan CPI data showed a second straight month of deflation. Greater Chinese markets are little changed in lackluster trade. There is some focus on a PBoC analysis, which appeared to signal the central bank leaning to a more cautious policy stance. Other discussions have highlighted Chinese pushback over the latest US measures against its steel exports and the Ministry of Finance said there was scope for the government to increase borrowing. Data also showed a marked slowdown in Chinese industrial profits.
Nikkei +0.30% Hang Seng +0.20% CSI -0.05% Shanghai -0.01%
Eur$ 1.1190 CNH 6.5646 CNY 6.5585 JPY 109.77 GBP 1.4670 CHF 0.9897 RUB$ 65.8880 WTI $49.07 (-0.83%)
S&P+0.04% EuroStoxx+0.06% Dax +0.11% SMI +0.33%
Macro :
- Gundlach Says Yellen Speech to Be Dovish as Treasury Bid Soars
- Whether Trump or Clinton, Anxiety Creeps Into U.S. Stock Outlook
Keep an eye on :
- ANIM IM : Creval to Sell Up to 2% of Anima Via Accelerated Bookbuilding
- AREVA FP : Areva Says ‘Door Remains Open’ to Negotiate W/ TVO on ERP: AFP
- AV/ LN : Aviva CEO Says Brexit Would Hurt Stocks, Pound, Pensions
- BPE IM : Pop. Emilia, Atlante Fund May Bid for Veneto Banca: Messaggero
- CGM FP : Cegedim 1Q Revenue EU106.2m Up 4.8% Y/y; Sees Stable ’16 Ebitda
- COFB BB : Cofinimmo Buys Brussels Office for EU31m, Sees Up to 7.5% Yield
- COOR SS : Cinven Aims to Sell 12.6% Coor Stake in Accelerated Bookbuild
- DL NA : Delta Lloyd on Track to Net Cap. Generation of Up to EU250m/Year
- EDF FP : EDF French Workers’ Cmte Set to Vote Against Hinkley Plant: FT
- EDF FP : EdF Wants 17% Stake in Greece’s Public Power, Kathimerini Says
- ELIOR FP : Elior Group Results H1 2015-2016: a Good Start to the Fiscal Year and Objectives for the Full Twelve Months Confirmed
- ELIOR FP : Elior to Buy U.S. Food Service Provider Preferred Meals
- FON FP : Foncia Gets 4 Bids; Blackstone, PSP Among Bidders, Echos Says
- GAS SM : Gas Natural comments on receipt of notice from a group led by the Co's former Chairman and CEO of its intention to nominate six candidates to Board
- ICAD FP : Icade Starts Exclusive Talks to Sell Service Companies
- KCR1V FH : Zoomlion Drops Terex Bid After Failing to Agree to Terms
- LPE FP : Laurent-Perrier FY Net EU25.2m; Est. EU25.4m
- MDLZ US : Mondelez Call Buyer Positioned for Upside After 2Q Earnings
- PHIA NA : Philips Sets Lighting IPO Price at EU20-Share
- SIE GY : Long Siemens vs GE Relative Pair Trade Recommended by JPMorgan
- VALE US : Vale Said to Weigh Sale of Copper Stake, Fertilizer Business
- VRX US : Valeant Rejected Takeover Approach From Takeda, TPG: WSJ
- VOW3 GY : Volkswagen Considers Building Own Battery Factory: Handelsblatt