US market closed Flattish with volume below average @ 741mil shares, people are waiting wed FOMC meeting to take a bet ont his mkt...Twitter is one of the largest movers on the downside afterhours, falling over 10% despite beating the top line consensus numbers and raising FY estimates. Analysts point to the slowdown in the Average Monthly Active Users (MAUs), with q/q growth falling to 1.1% from 6.3% in Q2, predominantly because of high Twitter use during the World Cup this summer....Shanghai Composite is leading the regional indices higher, helped by a rebound in the Industrial Profits growth in September. Recall the Aug profits turned negative for the first time in 2 years. Traders are also buying into the outsized overnight selloff following reports of a delay in Hong Kong-Shanghai link...BOJ Gov Kuroda testified in Parliament, largely reiterating prior commentary on the yen and the economy. Kuroda said the weakness in JPY is a positive for the economy, that recovery is moderate, and that inflation is still on track to hit 2% target in FY15. Note that the BOJ is preparing to formally update investors on its outlook for growth and inflation later this week. A Nikkei report earlier suggested FY14/15 GDP may be revised down to 0.6% from 1.0% due to the continuing drag from the consumption tax that went into effect in April. Also of note, Japan retail sales came in surprisingly stronger, potentially raising the probability of another sales tax hike next year....Nikkei-0.38% Hang Seng +1% Shanghai +1.97%
Eur$ 1.2704 S&P +0.27% EuroStoxx +0.67% Dax +0.67% FTSE +0.41% SMI +0.63%
Macro
- EU May Keep Sanctions Against Russia Until March: Kommersant
Keep an eye on :
- AIXA GY : Aixtron 3Q Loss Wider Than Ests., Says Utilization Rates Falling
- ALFA SS : Alfa Laval 3Q Pretax Misses Est.; Sees Unchanged Demand
- BMPS IM : Monte Paschi, Carige Short-Selling Banned Until Nov. 10: Consob
- CRG IM : Monte Paschi, Carige Short-Selling Banned Until Nov. 10: Consob
- CEQ NO : Cermaq 3Q Ebit Pre-Fair Value, Non-Recurring Loss NK39m
- CLS1 GY : Celesio 9-Month Ebit EU174m vs EU303m
- DB1 GY : Deutsche Boerse 3Q Sales Rise 8 Percent, Confirms FY14 Forecast
- GILGY : DMG Mori Seiki 3Q Ebit Rises, Confirms Forecasts
- GSZ FP : GDF Suez State Share Sale Contested by Unions, Les Echos Says
- GEA GY : GEA Group 3Q Sales Rise 5%, Profit Down 10%; Confirms Outlook
- KLM NA : KLM May Cut as Many as 7,500 Jobs, Get Cheaper Work Force: AD
- KPN NA : KPN 3Q Sales, Ebitda in Line With Ests., Reiterates 2014 Outlook
- KVAER NO : Kvaerner 3Q Ebitda NK194m vs Est NK170m
- LG FP : Lafarge, Holcim Notify EU of Merger Plan, See Closing in 1H,2015
- MB IM : Mediobanca 1Q Net Income Beats Estimates
- MC FP : LVMH’s TAG Heuer Sees 2015 Sales Rising 5%-10%, Le Temps Reports
- NOVN VX : Novartis 3Q Core Op. Income, Core EPS Beat Ests.; Keeps Forecast, to Keep Looking for Technology, Assets to Buy: CEO
- NOVN VX : Amgen Seeks to Block Novartis’s Biosimilar Version of Neupogen
- RLIA SM : Cerberus May Bid For Spain’s Realia, El Confidencial Says
- SAN FP : Sanofi 3Q Business Net Income, EPS In Line; Keeps Forecast
- SAN FP : Sanofi Board Meeting Said to End; No Statement Planned on CEO
- SMIN LN : -2,7% after announce of CFO Departure
- SMIN LN : Smith & Nephew: U.S. Office Says Suture-Anchor Patent Valid
- STAN LN : Standard Chartered Falls Most in 3 Weeks in H.K. After Earnings -2,60%
- TEC FP : Technip Wins EPCI Contract for Kraken Field From EnQuest
- UBSN VX : UBS 3Q Net Income CHF762m After CHF1.32b Net Tax Gain, Says Confident It Can Deliver on Dividend Policy