US Market closed higher, extended its weekly gained to 2.7%, all indexes closed higher but Russel continue to be the best performer (1.9% on Friday), Tech large cap had a good day helping Nasdaq to post strong perf too, Telecom was the only sector down...Volume was clearly on of the best one we saw for the last few months with 1.7bil shares traded {NYSEVOL Index GP<GO>}...Volume was helped by quadruple witchig and quaterly rebalancing...VIX @ 13.79 -2.5%...Michigan confidence expected today....China Mobile and Apple finalize their long awaited partnership Release date 17th of Jan...Despite a 2nd consecutive liquidity injection by the PBoC on Friday - a larger CNY300B move vs Thursday's CNY200B - repo and Shibor rates are still higher. The former opened down 200bps but then spiked higher all the way toward 10% mark. 7-day shibor hit another multi-week high, rising 120bps above 8.8%. Despite the bounce in rates, Shanghai Composite is up marginally in the afternoon break, rising 0.3%...Nikkei225 is closed in observance of Emperor's Birthday holiday. Over the weekend, govt announced it would target FY14/15 real GDP at 1.4%, up from 1.0% prior forecast but down from 2.6% expected in FY13/14.
Eur$1.3680 S&P Fut +0.3% European Fut : +0.23%
>>> Keep an eye on :
- BALNE NA : Ballast Nedam Awarded $148M contract for hospital in Curacao
- BAMNB NA : BAM Expects Sales to Grow in Germany: Dagblad Cites CEO De Vries
- CA FP : Carrefour Dubai retail group Majid Al Futtaim to build mall with a Carrefour store in Oman, with $467M investment
- CLS1 GY : Celesio AG Shareholder Elliott reiterates opposition to McKesson's bid
- CO FP : Monoprix issuing €500M in mandatory convertible bonds, to be used to strenghten its capital base
- CON GY : MORE: Denso, Continental, Bosch Fined in Korea for Price Fixing
- DUFN VX : Dufry Names Luis Marin as New Chief Corporate Officer
- F IM : Chrysler: Fiat restarts negotiations with Veba to acquire 41.5%
- FRA GY : Fraport Wants to Build Frankfurt Terminal 3 `When Needed:' FAZ
- France Wants to Strengthen Telecoms Regulation, Parisien Says
- French Banks : French Banks to Lift Retail Charges in 2014, Les Echos Says
- FRX US : Forest Labs would consider reverse takeover with Irish pharma group
- German Tourism Sector May Loose 25,000 Jobs on Tax Claims: Bild
- IHG LN : InterContinental Eyes U.K., Germany, Russia for Growth: Echos
- NXI FP : Oralia (Oralia, the 5th largest property management group in France) to be acquired by Nexity,
- 1913 HK : Prada -5.3% after Saying FY Sales May Miss Estimates
- STLN SW : Schmolz + Bickenbach CEO Johannes Nonn to Step Down
- SUN SW : Sulzer Chairman Manfred Wennemer to Resign From the Board
- TTKOM TI : Carlos Slim, the Mexican businessperson, is holding talks to buy Oger Telecom's 55% stake in Tur Telekom, HaberTurk, denied soon after by Turk Telecom
- TFI FP : Reaches agreement to broadcast French national team soccer games until 2018
- VIV FP : Canal+ May Face More Obligations Over D8 Purchase, BFM Says
- UHR VX : Tiffany to Pay Swatch Group Damages of CHF402m
- UHR VX : Swatch Kept at Neutral at Citi, Richemont Still Preferred
- URKA LI : Uralkali: units close to Mikhail Prokhorov buy further 5.34% stake