Protests and violent clashes with police by the Hong Kong Occupy Central movement demanding free elections is the main theme in pre-holiday Asian trading. Thousands of marchers turned up to demand universal suffrage --> Hang Seng -2.02%...China industrial profits went negative for the first time in 2 years, as National Bureau of Stats pointed to a slowdown in industrial production, weak demand and falling prices. NBS added that YTD profits slowed in industries including steel, chemicals and electronics.--> Shanghai +0.33%...Nikkei +0.50%...US Pres Obama appeared on CBS 60 Minutes, primarily explaining the growing US involvement in the war against ISIS. Obama said he wants to differentiate between the "current counter-terrorism operations against ISIS vs prior wars in Iraq and Afghanistan", but also acknowledged that US intelligence
underestimated developments in Syria and allowed jihadist movement to thrive. Separately, House Speaker Boehner said "at some point, somebody's boots will have to be on the ground" in Iraq or Syria to battle ISIS. Fed's Fisher
reiterated his hawkish dissent in an interview with Fox Business, expressing concern that the Fed may be behind the curve given the apparent rise in wage prices...AAPL: Under investigation by EU related to illegal tax deals in Ireland - FT...- DWA: Softbank in talks to buy the company for about $32/shr or as much as $3.4B - Hollywood Reporter
--> chinese National Day on Thursday...
Eur$ 1.2678 S&P -0.30% Eurostoxx +0.125% FTSE -0.06% DAX +0.12% SMI +0.125%
- German Econ Min Gabriel: German 2014 GDP could be below 1.8% official forecast, but still better than other European countries - German press
- ECB is not expected to announce any new policy moves at this week's meeting; Some expect ECB to reveal more details of plans to buy ABS
- Austria to put together tax relief package of about €5B for 2015 to help promote economy - financial press
Keep an eye on :
- AF FP : Air France Studies Creating New Low-Cost Unit: Le Parisien
- AGN US : Major Allergan Investor Joins Chorus Against Salix Deal
- ALV GY : Allianz Won't Sell Pimco After Gross Departure: Financial Times
- ALV GY : Allianz to Extent CEO Contract by 2 Years, Handelsblatt Reports
- ARYN SW :L Aryzta FY Sales EU4.81b, Est. EU4.82b
- AZN LN : AstraZeneca’s Iressa Ineffective If Resistance Develops: Study
- BAR BB : Barco Plans to Sell Defense & Aerospace Division, Tijd Reports
- BSY LN : Former BSkyB Exec to Lead Merged TV Production Group: FT
- CBK GY : Said to be investigated by the Manhattan US attorney for alleged violations of money-laundering laws
- CGG FP : Wins order for offshore survey in Gabon
- CPG LN : Compass FY Organic Sales Growth Matches Ests; Reiterates FY View
- DTE GY : Deutsche Telekom warms to idea of longer stay in U.S.: sources
- EDF FP : Royal Says EDF CEO to Be Named After Energy Law Debate: Europe 1
- MMB FP : Lagardere Plans to Keep Press Business, Olivennes Tells Figaro
- MSY LN : Vista Weighs Possible Sale of Misys, Financial Times Says
- ORA FP : Orange May Increase Polish Capex Next Year, Parkiet Says
- RNO FP : Renault Looking at Sedan Based on Nissan Altima Platform: Focus
- RNO FP : Renault CEO Sees 2015 European Car Sales Rising 3%-4%: Corriere
- ROG VX : Roche Purchases Shares in InterMune Tender for $74/Shr Cash
- SGL GY : SGL Carbon to Sell 20.18m Shares at EU13.25 in Rights Offering
- SYNN VX : Syngenta Names Jon Parr to Succeed Chief Operating Officer Atkin
- TAP US : Gains Are on Tap at Molson Coors, stock could $100 in a deal (+35%) - Barrons
- TSCO LN : Tesco CEO Lewis Says Co.’s Culture Must Change, Guardian Reports
- TSCO LN : Tesco Pulled GBP3b Credit Facility Before Warning: FT
- TIT IM : Tim hires bank to seek acquisitions in Brazil, targeting Oi - Valor Economico
- UBSN VX : UBS Says Some Authorities Started Settlement Talks on FX Probe
- UBSN VX : UBS Offers 1-For-1 Exchange of all UBS AG Stock
- FR FP : Valeo CEO Sees No Significant Recovery in EU Car Mkt: Investir