US Market Close lower with again Nasdaq trailing the other Index, Financials were also week with Citi -5,4%, again AMZn , NFLX, EBAY were weak, counter cyclical Telco & utilities closed higher...VIX @ 14,56 -2,5%...Volume was above the average again today with 778mil shares...- Ultra-dovish Chicago Fed Pres Evans (alternate on FOMC) said he would prefer
the Fed wait until 2016 for the first rate hike, even though he acknowledged rates may actually begin to rise in H2 of 2015...Nikkei225 is underperforming in the region, as bullish sentiment is not translating into softer JPY. A raft of economic data from Japan - namely steady rise in inflation and further decline in unemployment rate - weighed on USD/JPY due to diminished prospects for further BOJ easing. Subsequent comments by PM Abe urging the BOJ to "swiftly" achieve 2% price target turned the tide before USD/JPY could re-test below the ¥102 handle...China Premier Li, calling for lower cost of enterprise financing, also helped support bullish flows. Li also said he was still confident the economy is in good shape and that growth can be kept in a reasonable range...Nikkei +0.50% HS +1.09% Shanghai -0.24%
Eur$ 1.3747 S&P Fut +0.20% European Future +0.36%
Keep an eye on :
- AOI SS : Africa Oil Raised to Spec. Buy on Recent Selloff: Canaccord
- EN FP : Bouygues Gives Vivendi 3-Year Guarantee on SFR Jobs: La Tribune
- BP/ LN : Shell Cash Flows May Limit Share Upside, BofAML Says; Prefers BP
- Brit IPO : Brit IPO Priced at 240p
- CRG IM : Banca Carige 2013 Net Loss EU1.76b After Writedowns: Ansa
- DWNI GY : Deutsche Wohnen 2013 Net Income EU212m, Est. EU190m
- OLE SM @ Deoleo To Receive At Least Four Binding Offers, Expansion Says
- ELE FP : Endesa CEO Cited by Equita as Possible Successor as Enel Chief
- Formula 1 :Formula One Investors May Get $332m Dividend: Sky Link
- GALP PL : ENI Selling 7% of GALP (58mil shares), Shares offered at E11,95 to mkt price, GS & Mediobanca
- IBE SM : Iberdrola Buys Back 5.49M of Own Shares at EU4.86-EU5.01
- ISP IM : Intesa Sanpaolo 4Q Net Loss EU5.19b vs EU83m on Writedown, Wrote Down EU5.8b in 4Q on Intangibles
- DBK GY : German Banks Oppose Adding Legal Costs to Stress Tests: Reuters
- NEM GY : Nemetschek 2013 Net Rises 23%; Sees 2014 Sales Rising 11% to 14%
- NOVN VX : Novartis Fails to Win FDA Advisory Panel Vote for Serela
- ORCO FP : Orco Property Group Says FY Rev. Fell to EU146m vs EU245m Y/y
- PC IM : Pirelli Sees 2014 Organic Revenue Up More than 9%
- POP IM : Banco Popolare to Offer Shrs at EU9/Each in EU1.5b Stock Sale
- PTC PL : Portugal Telecom CEO Says There Are No Talks on Unitel Stake
- VRAP FP : Vranken-Pommery Monopole 2013 Net EU7.8m vs Restated EU6m
- VIV FP : Bouygues Gives Vivendi 3-Year Guarantee on SFR Jobs: La Tribune
- VOW3 GY : Volkswagen’s Skoda Auto Reaches Wage Agreement With Union: Dnes
- WPL AU : Woodside holds off on taking 25% stake in Israel's Leviathan field until tax issue resolves