US Market CLosed slightly higher thanks to final hour rally, on the Week Dow-0.56% S&P-0.1% NDX+0.7%, volume was high thanks to Russel re-balancing (1.5bil shares), only 3 sectors finished in the red Energy, Healthcare & Materials, In addition to technology, three other influential sectors—consumer discretionary (+0.3%), financials (+0.2%), and industrials (+0.3%)—contributed to the afternoon spike to highs...Vix @ 11.26 -3.18%...Facebook: Reportedly researchers affiliated with the company manipulated news feeds of as many as 700K users to study "emotional contagion" ... Japan industrial production growth slows; PM Abe's FT op-ed reiterated some of the sentiment from his 3rd Arrow speech, claiming impact from April hike in consumption tax likely to be temporary and announcing the cabinet will go forward with Japan pension fund (GPIF) changes...JPY hit a 5-week high against USD, with USD/JPY pair falling below 101.30, tracking lower short-term US rates...Nikkei +0.18% Hang Seng +0.20% Shanghai +0.71%
Eur$1.3642 S&P +0.04% EuroStoxx +0.28% FTSE +0.12% Dax +0.235 SMI +0.14%
Macro
- Iran Discovers New Oil, Gas Fields in West, Northeast Iran: Fars
- ISIS formally declares a caliphate; No longer recognizes "legality of all emirates, groups, states and organizations"; Iraq military continues its counter-offensive as Russia delivers some of its aircraft and trainers to assist in their operation.
- Ceasefire extension between Ukraine military and pro-Russia rebels reportedly violated by both sides during the weekend with more casualties.
- Spain Tightens Rules For Funds Seeking to Buy Banks, Cinco Says
Keep an eye on :
- BG/ LN : Leviathan Partners in Talks to Sell Gas to BG International
- BNP FP : BNP Dollar-Clearing Ban Said to Be Delayed as Guilty Plea Looms
- BP IM : Banco Popolare CEO Sees Italian Banks M&A After ECB Tests: Sole
- CABK SM : CaixaBank Made Best Initial Bid for Barclays Spain: Expansion
- CNP FP : CNP Plans to Buy Santander Irish Credit-Insurance Unit: Echos
- CU FP : Bonomi Plans to Bid for Club Med Today, Le Figaro Says
- HGG LN : Henderson in an Agreement to Acquire Geneva Capital Management
- INGA NA : ING Says It Has No Plans to Relocate Headquarters Abroad
- IT IM : Italcementi May Be Interested in Brazil, US Assets: Echos
- KMR LN : Kenmare mandates Rothschild to defend against Iluka bid, ILuka could add a cash component to its offer
- LGEN LN : Legal & General CEO Dislikes Buybacks to Use Excess Funds: Times
- LHA GY : Lufthansa Weighs Low-Budget Long-Haul Service: Handelsblatt
- MERL LN : Merlin to Spend Up to EU500M in First Year, Clemente Tells Cinco
- KN FP : Natixis Could Reinforce Europe Equity Expertise, CEO Tells Echos
- NESN VX : Nestle Agrees to Pay Living Wage to All Contractors: BBC
- NOVN VX : Novartis Supplying Key Antibiotic Formulation to UN Program
- PHIA NA : Philips to Set Up Stand-Alone Co to Combine Lumileds, Automotive
- PVR LN : ONGC considered taking over Providence Resources last year - Irish Independant
- SEQ FP : Sequana Plans to Seek as Much as EU73.4M in Rights Offer
- SHP LN : AbbVie CEO Seeks Shire Support on London Trip: Telegraph Link
- TKA GY : Saab Buys Thyssenkrupp Marine Systems for SEK340 Mln