Friday US markets on close: Dow flat, S&P500 -0.1%, Nasdaq +0.1%
Best Sector in S&P500: Healthcare / Worst Sector in S&P500: Basic Materials
Biggest gainers: WYNN +7.9; BCR +5.2%; GD +4.4% / Biggest losers: RHI -7.3%; GPS -5.4%; AAL -5.3%
Despite the Lunar New Year holiday in much of Asia, there was pronounced weakness in equity indices of Japan and Australia as well as safe haven bid for Treasuries and JPY. Investors are closely watching the fallout from US President Trump's immigration decree banning travel to the US by citizens of Iraq, Syria, Iran, Sudan, Libya, Somalia or Yemen, as well as a 120-day suspension of the US refugee program. Ahead of tomorrow's BOJ decision, a Nikkei report speculated that the central bank will heed improving trade and consumption data with an increase in its accompanying projections for growth. Today's retail trade data for Japan were mixed, with 2nd straight annualized increase but also the biggest sequential decline in 10 months.
Nikkei -0.51% Hang Seng Closed CSI Closed Shanghai Closed
Eur$ 1.0721 CNH 6.8679 CNY 6.8840 JPY 114.60 GBP 1.2562 CHF 0.9976 RUB$ 60 WTI$ 52.97 -0.38%
S&P -0.25% EuroStoxx -0.43% FTSE -0.47% Dax -0.42% SMI -0.12%
Macro :
- Multinational Firms Pull EU144b From Belgium Since 2011: De Tijd
- Rothschild & Co. Co-CEO Says M&A Pipeline Above Yr-Ago: Investir
- Brazil Govt Preparing ’Mega-Auction’ of Pre-Salt Areas: Estadao
- Bank of China Weighs Dublin Move on Brexit: Sunday Independent
- FT : Markets enjoying a sugar high that will not last (Lawrence Summers) - http://on.ft.com/2k68fKD
- FT : Profit warnings from UK companies forecast to rise in 2017, Report by EY suggests 2016 figures ‘flattered to deceive’ - http://on.ft.com/2kIhj7G
- Generic-Drug Price Pressure Doesn't Worsen Yet Remains in 2017
Keep an eye on :
- AIR FP : Germany Plans to Buy EU1B of Lockheed Martin Planes: Spiegel
- ALV GY : Allianz Said to Weigh Offering AUD15/Share for QBE: Handelsblatt (12.33 on Friday)
--> QBE AU : +0.16% : QBE Says ‘No Basis’ for Speculation It Has Received Proposal
- BMPS IM : Paschi Reviewing Options on NPLs in New Business Plan: Falciai
- BT/A LN : BT Italy False Accounting Was Going On for 10 Years: Telegraph
- DBK GY : Deutsche Bank CEO Cryan Says EU Needs to Change: Welt
- CA FP : Carrefour to Close 2 Italy Hypermarkets, Shed 500 Jobs: Echos
- ENGI FP : Engie Gets Financing to Build $1.2b Saudi Arabia Power Plant
- FCCN LN : Under Armour in Talks to Buy French Connection Store: Telegraph
- G IM : Intesa Chmn: Generali Not on Agenda of Bank Meetings Next Week
- ILD FP : Xavier Niel’s Mediawan Bids to Buy Groupe AB for About EU270m
- LHA GY : Lufthansa, Etihad Said to Deepen Ties in Catering, Maintenance
- MC FP : LVMH’s Biver Considering Retirement in 7 Years: NZZ am Sonntag
- MGGT LN : Elliott Sells Stake in Meggitt After Failing to Find Buyer for Aerospace Supplier
- NOVOB DC : Novo to Invest $140 Million in Oxford Center to Tackle Diabetes
- ORA FP : FT Article interview of Arcep Director on Risk of content investment - in your inbox
- CFR VX : Montblanc Is Developing New ‘Smart’ Watch Straps, CEO Tells SoZ
- RDSA NA : Shell, Total Plan Battery Charging Points at Gas Stations: FT
- TSCO LN : Tesco's bid for Booker faces lengthy investigation by UK competition regulator
- SNAP IPO : Snap Said to Publicly File for IPO Late Next Week: Recode - http://bit.ly/2kcONOp
- FP FP : Shell, Total Plan Battery Charging Points at Gas Stations: FT
- VOW3 GY : VW Recalls 342,867 Audi A5, Q5, A4 Allroad, A6 on Coolant Pumps
- VOW3 GY : VW Recalls 234,054 MY2011-2017 Audi Q5 for Air-Bag Inflator
- VOW3 GY : Luxembourg’s Pension Fund Said to Blacklist Volkswagen: FT
- VOW3 GY : VW Dealer Says 20% of U.S. Diesel Sell-Back Customers Buying VWs
- WDI GY : Wirecard Sees 2016 Revenue Up 33% Y/y, 2017 Forecast Confirmed