US Market closed were very quiet and closed not far the flat line with S&P closing slightly higher, main action was in Europe following Greece news on elections, snap elections to come on the 25th of Jan. Athen Stock Market closed down -3.9% after rallying more than 10% from lows of the day...Russian Ruble weakness & Oil (Yest traded up to $55.60 to go below $53 during the day) weakness didn't helped to improve sentiment...VIX @ 15.06 +3.86% was one of the safe heaven for investors...S&P move higher thanks to the outperformance of the consumer discretionary (+0.7%), financial (+0.4%), energy (+0.3%), and health care (+0.3%) sectors, it helped offset the relative weakness of the information technology (-0.5%) and consumer staples (-0.4%) sectors...Vol @ 538mil shares...After Hours CVEO -29.4% on earnings, JST -4.9% announced termination of going private...In China, Speculation regarding further PBoC easing measures continues despite the more minor measures announced in recent days. China International Capital Corporation (CICC) anticipates as many as 4 RRR and 2 interest rate cuts next year in spite of weaker Yuan working to curb China's disinflationary forces....Japan's LDP-lead ruling coalition announced it would aim to cut effective corp tax to below 30% over the next several years, approving FY15/16 tax reform that will also cut effective corp tax rate to 32.1% from 34.6%. The national corporate tax rate would be reduced to 23.9% from 25.5% from April..Russia could be in focus again today with Oil trading closed to the $53 level...and today s sentencing of Russian dissident Alexei Navalny, thousand protesters will march against the trial accusing Navalny of corruption....Nikkei -1.57% Hang Seng -1.03% Shanghai -0.23%
RUB $58.99 RUB €71.13 WTI $53.17 Brent $57.38
Eur$ 1.2125 S&P -0.06% EuroStoxx -0.28% Dax -0.28% SMI --
Keep an eye on :
- Israel : Israel Says Won’t Need Leviathan Gas Until 2020: Haaretz Link
- Italy : Clessidra Interested in More Italy Acquisitions: Corriere
- BG/ LN : BG Group Says Declaration of Commerciality Submitted for Iara
- EDP PL : EDP Renovaveis to Sell Brazil Wind Farms Stake to Three Gorges
- MAP SM : Mapfre Raises Funespana Stake to 81% From 64%: Filing
- NOVOB DC : Novo Nordisk Working on New Insulin Product, Berlingske Says
- POP SM : Banco Popular May Make Bid For Novo Banco, Economista Reports
- REN NA : Reed Elsevier Cancels 105m Treasury Shrs
- SMWH LN : Capello Closes Merchants’ Gate Hedge Fund to Focus on Family