Dow+0.68% S&+0.88% Nasdaq +1.43% Russell +1.55%
US Market closed higher helped by Tech & Financilas. Most other cyclical groups also finished solidly higher, including consumer discretionary (+1.0%), industrials (+0.9%), energy (+0.6%), and materials (+0.8%). WTI +1.1% @ 44.73. US After hours PRGS +6%, KLIC +3%, SHLM / WOR +2%, PIR -11% following earnings/guidance... nearly every financial name is higher following CCAR results/capital plan updates. Asian Market trading higher, reflation theme has come into sharper focus with regional yields backing up again, coinciding with rallies in bank stocks and an underperformance of bond proxies. The yuan has been a regional focus with the offshore renminbi adding to gains versus the dollar. The currency is now up 1% from Tuesday's lows, with the PBoC suspected of having intervened Tuesday by encouraging state-owned banks to sell dollars.
Nikkei +0.39% Hang Seng +0.88% CSI +0.30% Shanghai +0.26%
Eur$ 1.1411 CNH 6.7847 CNY 6.7794 JPY 112.25 GBP 1.2693 CHF 0.9580 RUB 59.12 WTI$ 44.97 +0.51%
S&P +0.18% EuroStoxx +0.42% FTSE +0.55% Dax +0.56% SMI +0.40%
Macro :
- Swiss Govt to Oblige Co’s to Flag Open Jobs to Swiss First: T-A
- Banks Unleash Surprisingly Big Payouts After Fed’s Stress Tests
Keep an eye on :
- NDA GY : Aurubis Ebitda May Gain EU200M-600m by 2019/20, Schachler to BZ
- BAC US : Bank of America to Buy Back Up to $12b in Shares, Raise Dividend
- BAS GY : BASF Digitalization May Speed Up R&D by 20%, Raymond James Says
- BLT LN : BHP’s Nasser Says Activism Rising as Counter to Passive Funds
- CA FP : Carrefour to Introduce Brazilian Unit on Sao Paulo Exchange
- DHER GY : Delivery Hero Prices IPO at EU25.50, at Top End of Range
- DEC FP : JCDecaux Wins 10-Year Advertising Concession for Sao Paulo Metro
- HMB SS : H&M 2Q Pretax Profit Beats Est.
- JPM US : JPMorgan to Buy Back Up to $19.4b Shrs, Boost Div. to 56c/Shr
- LXS GY : Lanxess CEO Plans Further Acquisitions: Handelsblatt
- NAS NO : Norwegian Air to Recognize NOK2B Equity Boost After TRS Deal
- NESN VX : Nestle Ratings Cut to AA- from AA by Fitch; Outlook Stable
- POP SM : Santander Studies Compensation for Popular Holders: Expansion
- RIO LN : Rio Tinto Shareholders Approve Australian Coal Sale to Yancoal
- RIO LN : Rio Will Consider Shareholder Returns After Coal Assets Sale
- RR/ LN : Rolls-Royce Plans New Test Plant in U.K.: FT
- SIE GY : Siemens, Bombardier Said to Explore Two Rail Joint Ventures
- SOT FP : Somfy 5-for-1 Share Split to Be Effective at Market Opening
- SPLS US : Staples Agrees to Be Bought by Sycamore for $10.25 a Share
- SWMA SS : Swedish Match Price Hikes Likely Led to Lost Market Share: Citi
- TELIA SS : Cevian’s Gardell Said to Have Met With Telia Board Chairman: DI