>>> What to look at today - 2nd of November 2016

Dow -0.58% S&P -0.68% Nasdaq -0.69% Russell -1.12% VIX 18.50 +8.79% VXX 35.11 +2.87%
US Market closed lower pushed by political uncertainty. U.S. presidential race was also in focus today after a new joint poll conducted by ABC News and the Washington Post showed that Republican nominee Donald Trump is leading Democratic nominee Hillary Clinton. ten sectors finished in negative territory. The heavily-weighted consumer discretionary (-0.8%) and the technology (-0.8%) sectors finished behind the broader market. AAPL -1.8%, after a UBS Survey indicated that demand in China remains weak. The stock has declined 5.7% since the company reported underwhelming quarterly results and guidance last Tuesday. commodity-sensitive energy space (+0.1%) eked out a slim gain as crude erased the bulk of an intraday loss, shedding 0.3% to $46.68/bbl. Volume were above average with more than 1bil shares traded. US After Hours EA +7%, OCLR +6%, PBPB +5.8% higher following earnings/guidance, HLS +6% S&P400 addition news... ADPT -50%, ZAGG -20%, DXCM -18%, X -9%, DATA -8% following earnings/guidance. Selloff in US equities has carried over into the overnight futures and Asian markets amid tightening of polls going into next Tuesday's US elections; Gold and Silver are up sharply, Vix was up for the 6th straight day to test 20 handle for the first time since early Sept, and Yen is stronger in the wake of overnight reluctance by BOJ to signal more intended easing. BOJ Gov Kuroda reiterated his view that the economy is continuing to recover gradually, adding there are more downside than upside risks but still expressing confidence of hitting 2% inflation target in FY18. JCER GDP estimate for Sept also registered its first monthly increase in 3 months.

Nikkei -1.76% Hang Seng -1.44% CSI -0.77% Shanghai -0.67%

Eur$ 1.1065 CNH 6.7748 CNY 6.7649 JPY 103.89 GBP 1.2235 CHF 0.9739 RUB 63.44 WTI$ 46.30 -0.79%

S&P -0.32% EuroStoxx -0.53% FTSE -0.42% Dax -0.53% SMI -0.59%

Macro :
- Clinton May Resist Calls to Break Up Large Banks: Capital Alpha
- French Car Market Slows Sharply in October, Les Echos Reports
- Hard Brexit Likely Given U.K., EU Politics, King’s Menon Says

Keep ane eye on :
- ABE SM : Abertis Teams Up With IFM for U.K. Toll Road Bid: Expansion
- AF FP : Air France’s Terner to Be Proposed as New CEO, La Tribune Says
- BARN SW : Barry Callebaut FY Ebit Misses, Sales Beat; Confirms Targets
- BKIA SM : Spain Puts Brakes on Bankia-BMN Merger, El Economista Says
- BBVA SM : BBVA Still Favored Over Santander at RBC After 3Q Results
- COM GY : Comdirect 3Q Profit Slumps 29%; NII Drops 12%; Commissions -12%
- CSGN VX : Credit Suisse’s China JV Starts Onshore Securities Trading: SCMP
- DANSKE DC : Cevian Capital II Master Fund Cuts Danske Bank Stake Below 5%
- DYN US : Dynegy 2017 Adj. Ebitda View Below Est.
- ESJ LN : Easyjet CEO Says Nissan Brexit Assurances Encouraging: Echos
- FIS1V FH : Fiskars 3Q Operating Result Turns Positive, Net Sales Fall
- BOSS GY : Hugo Boss 3Q Adjusted Ebitda Beats, Confirms 2016 Forecast -1.2%
- LHA GY : Lufthansa 2016 Capex to Fall by Later Delivery of Aircraft
- LUN DC : Lundbeck 3Q Rev., Ebit, Net Beat Ests., Raises 2016 Forecasts
- LUPE SS : Lundin Petroleum 3Q Earnings in Line With Ests.
- MHG NO : Marine Harvest 3Q Net Beats Estimates; Cuts 2016 Harvest Guiding
- MOR GY : MorphoSys, LEO Pharma Enter Alliance on Dermatology Antibodies
- NXT LN : Next 3Q Full-Price Sales Miss Estimates, Narrows FY Outlook
- NN NA : NN Reaffirms Intention to Make Public Offer for Delta Lloyd
- NYR BB : Nyrstar 3Q Adj. Ebitda Drops 43% to EU32m; Net Debt Up to EU766m
- OERL SW : Oerlikon 3Q Revenue, Order Intake Drop Y/y; Keeps FY Forecast
- PNL NA : Bpost Explores Friendly PostNL Approach: Board Yet to Decide
- PNL NA : PostNL Says ‘Unpleasantly Surprised’ by Bpost Report
- RR/ LN : Rolls-Royce Wins $700M Plane-Engine Order From China Southern
- SAN SM : Santander Revenue May Keep Suffering From Brexit: Bankhaus Lampe
- SYM GY : Symrise Maintains Outlook, to Sell Pinova Industrial Activities
- TEMN SM : Temenos to Buy Back Up to 1.6m Shares, Max. Amount of CHF99m
- VOLVB SS : Volvo’s Samuelsson Sees Sales Rising to 800,000 Units by 2020
- WKL NA : Wolters Kluwer 9-Mo. Adj. Operating Profit Up; Keeps FY Guidance