Dow+0.30% S&P+0.12% Nasdaq-0.59% Russell-0.61% VIX 26.83 (-2.90%)
US market closed higher but tech was under pressure, fell to lows in the afternoon. Shares of Apple (AAPL 109.06, -3.38) were largely responsible for the retreat as the stock fell 3.0%. Volume were above average at 980mil shares. US After Hours CUDA -22.3%, EXXI -5.5%, DMND -4.3% following earnings/guidance, RL +3.9% GPS -3% (confirmed that Stefan Larsson has been named Chief Executive Officer, to become effective in November, 2015) ...last trading day of the quarter in Asia has finally given way to relief rally, though it remains unclear how much of the buying is due to short-covering and window dressing. US indices also thawed, with S&P500 showing its first marginal rise after 5 losing sessions. S&P500 eminis are up by a more resounding margin, rising about 15pts or 0.8%. Japan industrial output fell for the 3rd straight month against expected sequential improvement, prompting the cabinet office to cut its assessment of production once again. Retail sales were also disappointing, and output of cars is now down for the 12th straight month. Skeptics are increasingly worried over the sustainability and the efficacy of Abenomics, and Japan's Prime Minister continued to take every opportunity to defend his plans with more remarks in the US on Tuesday. Abe's advisors however are calling for more aggressive policy response..Japan Tobacco -7..5% on asset purchase news(2914)...Geely (175 HK) +15% on China to cut tax for small cars, Mazda +5.8% on Jap. AUg Production.
Nikkei +3.03% Hang Seng +1.68% Shanghai +1.04%
Eur$ 1.1242 CNY 6.3558 JPY 119.92 GBP 1.5160 EURCHF 1.0931 BRL 4.0620 RUB$ 65.5854 WTI $44.84 (-0.88%)
S&P+0.83% EuroStoxx +1.48% Dax +1.54% SMI +1.03%
Macro :
- Japan PM Abe's Advisor Takenaka: Would like to see an extra budget of ¥15T this fall, followed by additional BOJ easing
Keep an eye on :
- ABI BB : ABI Said to Line Up BofA, Santander for $70b SAB Funding
- ATC NA : T-Mobile US/Altice tie-up provides attractive exit option for Deutsche Telecom
- ABG/P SM : Abengoa Denies Report That It Owes EU20.27b to Banks
- EGPW IM : Enel Green Power Sells Portugal Assets to First State Wind
- ELUX SS : Electrolux, GE Considering Options for Merger Settlement in U.S.
- FCA IM : Fiat Unit Told NHTSA It Under-Reported Death Claims, Injuries
- GEA GY : GEA Group Says Sales Growth Guidance No Longer on Organic Basis
- HMB SS : H&M to Open More Than 70 Mainland China Stores Despite Slowdown
- EGL PL : Mota-Engil to Sell Port and Logistics Business to Yildirim
- NEO FP : Neopost 1H Net EU64.7m vs EU69m Y/y
- OHL SM : OHL Capital Increase to Price at 20-25% Discount: Confidencial
- PC IM : Paulson Sells 9.5% of Pirelli to ChemChina at EU15/Shr
- SABLN : traded up to 3818 in NY but in no volume on the ADR, no real
- TNTE NA : EU May State Objections to TNT Deal by Mid-Oct., Telegraaf Says
- VIV FP : Mars Films 30% stake acquired by Vivendi